1. ) FADZILAN BIN MOHD DAUD 2. ) NOR AZIZAN BINTI AZMAN 3. ) AZRIN BIN MOHAMAD ZAWAWI 4. ) LATUN NORALYANI BINTI MEOR AMINUDIN 5. ) SHAHARIN BIN JUSOH 6. ) OMAR BIN ABDULLAH 7. ) HAZLENA BINTI M RAZALI 8. ) NOOR ROSNI BINTI SAIDIN 9. ) SALEHUDDIN BIN SAIDIN 10. ) KRISNANSAMY A/L TORAISAMY 11. ) BABY LATHA A/P PARASURAMAN 12. ) NOR LAILATUL SAIDAH BINTI MD RAZMI 13. ) NORMAH BINTI YUNUS 14. ) KRISANA MOORTHY A/L PERIASAMY v Tudong Emas Sdn. Bhd.

wa-28pw-397-09-2023 High Court (Mahkamah Tinggi) 15 January 2026 • WA-28PW-397-09/2023 • 18 min read
7 cases cited (0 SG, 7 foreign)

Outcome

In the circumstances, I granted Encl 1, in short, allowing the Properties to be transferred to the Applicants provided that there be refunds of the 1st Instalment, which shall be set off against the LAD awarded in the Suit 556 Judgment. My orders are as per the Draft marked A (as amended).

Quoted verbatim from the judgment of High Court (Mahkamah Tinggi) (wa-28pw-397-09-2023). Read the full judgment on the official Malaysia Courts portal for the complete decision.

Catchwords

Company law – Winding up – Trust property and beneficial ownership – Purchasers of land – Failure of company to transfer titles – Prior judgment declaring purchasers as beneficial owners – Whether land held on trust and excluded from assets in liquidation – Powers and duties of liquidator – Enforcement of judgment and consent orders post-winding up – Leave of court – Scope of leave – Contract – Consent orders for repurchase – Whether purchasers entitled to revert to original rights – Deposits and part payments – Distinction between forfeitable deposit and refundable instalment – Absence of forfeiture clause – Whether first payment refundable – Equity – Unjust enrichment – Whether retention of part payment without refund unjust

Practice Areas

Company Law Restitution

Judges (1)

Suhendran Sockanathan Delivered

Counsel (5)

Fakhri & Co. Firm Prakash Lachimanan Firm Ahmad Fakhri Counsel Applicant Nurul Nadzirah Counsel Applicant Prakash Lachimanan Counsel Respondent

Parties (15)

Tudong Emas Sdn Bhd Respondent Azrin bin Mohamad Zawawi Applicant Baby Latha a/p Parasuraman Applicant Fadzilan bin Mohd Daud Applicant Hazlena binti M Razali Applicant Krisana Moorthy a/l Periasamy Applicant Krisnansamy a/l Toraisamy Applicant Latun Noralyani binti Meor Aminudin Applicant Noor Rosni binti Saidin Applicant Nor Azizan binti Azman Applicant Nor Lailatul Saidah binti Md Razmi Applicant Normah binti Yunus Applicant Omar bin Abdullah Applicant Salehuddin bin Saidin Applicant Shaharin bin Jusoh Applicant

Statutes Cited

Companies Act 2016 (Cap 777)
Rules of Court 2012

Cases Cited (7)

UK (2)
[1939] 1 KB 715 [1954] 1 QB 476
MY (5)
[1971] 1 MLJ 107 [2008] 2 MLJ 359 [2011] 6 MLJ 684 [2016] 3 MLJ 23 [2024] MLJU 2479

Judgment

Read the full judgment on the official Malaysia Courts portal.

Read on eJudgment

Source: eJudgment (wa-28pw-397-09-2023)