Perbadanan Kemajuan Negeri Selangor (PKNS) v Tinta Anggun Engineering Sdn. Bhd (In Liquidation) PENCELAH NG YIN MENG PIHAK TERKILAN MAYBANK ISLAMIC BERHAD

wa-28pw-389-06-2024 High Court (Mahkamah Tinggi) 30 June 2025 • WA-28PW-389-06/2024

Catchwords

Appointment of Private Liquidator - Sections 482 & 521 Companies Act 2016 - Substitution of Official Receiver - Court's discretion - Weight to be given to creditor wishes - Voting by value - Creditors' choice prevails over contributories - Abandoned development project - Project-specific needs requiring specialist expertise - Rehabilitation and strata management - Drastic reduction in asset value necessitating forensic investigation - Statement of Affairs discrepancies - Committee of Inspection oversight - Contributories' objections - Speculative white knight proposal - Cost concerns - Creditors as primary aggrieved parties - Proper administration of liquidation.

Practice Areas

Appointment of Private Liquidator

Judges (1)

Wan Muhammad Amin bin Wan Yahya Delivered

Parties (4)

MAYBANK ISLAMIC BERHAD Aggrieved Party Perbadanan Kemajuan Negeri Selangor Applicant Tinta Anggun Engineering Sdn Bhd (In Liquidation) Respondent Ng Yin Meng Intervener

Case Significance

Perbadanan Kemajuan Negeri Selangor (PKNS) v Tinta Anggun Engineering Sdn. Bh... is a High Court (Mahkamah Tinggi) decision dated June 30, 2025 (citation: wa-28pw-389-06-2024). The case was decided by Wan Muhammad Amin bin Wan Yahya.

What was the outcome of Perbadanan Kemajuan Negeri Selangor (PKNS) v Tinta Anggun Engineering Sdn. Bh...?

Perbadanan Kemajuan Negeri Selangor (PKNS) v Tinta Anggun Engineering Sdn. Bh... is a High Court decision dated June 30, 2025. The case was heard by Wan Muhammad Amin bin Wan Yahya. See the full judgment for details.