COURT OF APPEAL KOTA KINABALU
LIKAS BAY PRECINCT SDN BHD – Appellant
Versus
BINA PURI SDN BHD – Respondent
| Table of Content |
|---|
| 1. factual basis for the winding-up petition. (Para 1 , 2 , 3 , 4 , 5 , 6) |
| 2. winding-up petition based on adjudication award. (Para 8) |
| 3. core arguments from the appellant regarding the petition. (Para 9 , 10) |
| 4. court's discussion on relevant legal provisions and case law. (Para 11 , 12 , 13 , 14 , 15 , 17 , 19 , 20 , 21 , 22 , 23 , 25 , 30) |
| 5. critical judicial findings regarding adjudication enforcement. (Para 16 , 26) |
Brief Facts Of The Case
[1] Bina Puri Sdn Bhd ("the petitioner") obtained an Adjudication Award dated 31 December 2016 ("Adjudication Award") against Likas Bay Precinct Sdn Bhd ("the respondent") in the matter of an adjudication conducted pursuant to the Kuala Lumpur Regional Centre for Arbitration Rules ("KLRCA Rules") and Construction Industry Payment and Adjudication Act 2012 ("CIPAA 2012") for the certified sums amounting to RM16,439,628.24.
[2] The petitioner served a Statutory Notice of Demand dated 31 January 2017 ("the Statutory Notice") pursuant to s 465 of the Companies Act 2016 (" CA 2016") together with its letter dated 31 January 2017 on the respondent at its registered office in Kota Kinabalu.
[3] The pe
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