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2014 MarsdenLR 1324

HIGH COURT MALAYA IPOH
MUSTAPHA MOHAMED (AS THE RECEIVER AND MANAGER OF SYKT JI SENG HONG PLASTIC MANUFACTURING SDN BHD) V.....


Table of Content
1. applicant's application for validation orders. (Para 1 , 1 , 2)
2. winding-up petition and findings. (Para 3 , 4 , 5 , 6)
3. appeals and motions regarding winding-up. (Para 7 , 8 , 9)
4. debentures and powers of attorney. (Para 10 , 11 , 12 , 13)
5. timeliness and relevance of intervention. (Para 14 , 15 , 16 , 17)
6. objections to validation orders. (Para 20 , 21 , 22 , 23 , 24 , 25 , 26 , 27 , 28)
7. defense against objections. (Para 29 , 30 , 31 , 32 , 33 , 34 , 35)
8. legal framework for validation orders. (Para 36 , 37 , 38 , 39 , 40 , 41)

[1] This Is the applicant's application dated 3 December 2013 for an order under s 223 of the Companies Act 1965 for inter alia the following Orders:

(1) That the applicant herein as Receiver and Manager ("R&M") of the respondent be granted leave to intervene in this proceedings and be made a party hereto;

(2) That the following Sale and Purchase Agreements ("SPA") and Assignment Agreement executed by the applicant as R&M and lawful Attorney of the respondent for valuable consideration for the sale of the following assets of the respondent be declared valid:

(a) SPA dated 25 October 2013 with Cam Plastic Industry Sdn Bhd in respect

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