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HIGH COURT (KUALA LUMPUR)
SAHERAN SUHENDRAN, JC
Pembinaan BY Sdn Bhd – Appellant
Versus
Minda Muhibah Sdn Bhd & Anor – Respondent
| Table of Content |
|---|
| 1. applications for judicial management. (Para 2 , 3 , 4) |
| 2. background facts regarding the contractual relationship. (Para 6 , 7 , 8) |
| 3. details on cipaa adjudication and contract terminations. (Para 9 , 10 , 11 , 12 , 13) |
| 4. subsequent settlement agreements. (Para 14 , 15 , 16 , 17 , 19) |
| 5. statutory notices and winding-up petition filings. (Para 20 , 21 , 22 , 23 , 24) |
| 6. details of the judicial management application. (Para 25 , 26 , 27) |
| 7. court's observations on the locus of creditors. (Para 31 , 32 , 33 , 34 , 35 , 36) |
| 8. judicial precedent and its implications. (Para 39 , 40 , 41 , 42) |
| 9. the assessment of the respondent's financial viability. (Para 86 , 87 , 88 , 89 , 90 , 91 , 92 , 93 , 94 , 95 , 96 , 97 , 98 , 99 , 100) |
| 10. conclusion regarding winding-up petitions. (Para 102 , 103 , 104) |
GROUNDS OF JUDGMENT
[1]These Grounds concern 2 applications filed herein, Encl 1 and Encl 10.
INTRODUCTION
[2]Encl 1 was filed by the Applicant, Pembinaan BY Sdn. Bhd. (“Applicant”) for orders, inter alia:
a.that Minda Muhibah Sdn. Bhd. (“the Respondent”) be placed under Judicial Management pursuant to s. 405Companies Act 2016CA 2016”);
b.that Mr. Andrew Heng and M
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