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1993 MarsdenLR 1792

ABDUL MALIK ISHAK
TWENTY FIRST CENTURY OILS SDN BHD – Appellant
Versus
BANK OF COMMERCE (M) BHD – Respondent


Advocates:
Paul Ong and Harinder Kaur (Paul Ong & Associates) for the applicant.
N Chandran and Pushpa Menon (Adnan Sundra & Low) for the Bank of Commerce (M) Bhd.
PM Tan (PM Tan Chan & Partners) for Utama Wardley Bhd.
Kamilah Kasim (Shahinuddin & Ranjit) for Rakyat Merchant Bankers Bhd.
Alvin Julian (Paul Chong & Kraal) holding a watching brief for United Malayan Banking Corporation.

JUDGMENTBY: ABDUL MALEK J

The applicant had by originating summons filed on 12 February 1993 applied for the following orders ex parte:

(a) that the applicant may be at liberty to convene separate meetings

of its classes of creditors, and be at liberty to convene a

meeting of its shareholders for the purpose of considering and if

thought fit approving with or without modification the composite

scheme of arrangement (the court meetings) proposed to be made

between the applicant and its creditors as defined in the

composite scheme of arrangement pursuant to s 176 of the

Companies Act 1965 (hereinafter the Act);

(b) that the directions may be given as to the time, date and place

of the court meetings and to the method of convening the

applicants court meetings;

(c) that Mr Gan Ah Tee failing him Mr Ooi Woon Chee both of Peat

Marwick Consultants Sdn Bhd may be appointed as chairman and the

said chairman be directed to report the results thereof to this

honourable court;

(d) that the plaintiff or plaintiffs to

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