GENTARI SDN BHD vs PEMUNGUT DUTI SETEM MALAYSIA

Judicial Analysis Court Copy Headnote Facts Arguments Court observation

2025 MarsdenLR 1651

HIGH COURT MALAYA KUALA LUMPUR
GENTARI SDN BHD – Appellant
Versus
PEMUNGUT DUTI SETEM MALAYSIA – Respondent

Petitioner Advocates:Jason Liang Dinghui,Ng Anlynn,Tan Weng Ying ,Respondent Advocate: Wan Hamdanie Wan Mohamad,Syed Mohd Salim Syed Abdul Hamid

Table of Content
1. assessment of stamp duty on novation agreement. (Para 1 , 2 , 4 , 5)
2. definitions and provisions of the stamp act. (Para 6 , 7 , 8 , 9)
3. nature of conveyance on sale and transfer of property. (Para 10 , 11 , 12 , 13 , 14 , 15)
4. novation extinguishes old contract, creates new. (Para 18 , 19 , 20 , 21)
5. distinction between novation and assignment. (Para 22 , 23 , 24 , 25)

Amarjeet Singh Serjit Singh J:

Introduction

[1] On 24 October 2024, I allowed the originating summons filed by the plaintiff, Gentari Sdn Bhd, against the assessment of stamp duty (ad valorem duty) by the Collector of Stamp Duty ("the Collector") in respect of a Novation Agreement dated 4 August 2023 ("the Novation Agreement"). The Novation Agreement was entered between Gentari Renewables Sdn Bhd ("GRSB" previously known as Petronas Power Sdn Bhd), Petroliam Nasional Berhad ("Petronas"), and the plaintiff. The stamp duty was assessed pursuant to s 17 and item 32(a) First Schedule of the Stamp Act 1949 to the tune of RM8,220,010.00.

[2] The plaintiff had appealed against the stamp duty imposed by the Collector under s 39(1) of the Stamp Act 1949 by way of this originating summons. I had allowed

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2025 MarsdenLR 1651

HIGH COURT MALAYA KUALA LUMPURGENTARI SDN BHD – AppellantVersusPEMUNGUT DUTI SETEM MALAYSIA – Respondent

Cases Referred (6)

HIGH COURT MALAYA KUALA LUMPUR
GENTARI SDN BHD – Appellant
Versus
PEMUNGUT DUTI SETEM MALAYSIA – Respondent