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HIGH COURT MALAYA KUALA LUMPUR
BENJAMIN LIM KEONG HOE & ANOR – Appellant
Versus
INFOLINE SDN BHD – Respondent
| Table of Content |
|---|
| 1. plaintiffs seek appointment of receiver for tk family trust due to asset concerns. (Para 1 , 2 , 16) |
| 2. application dismissed due to insufficient grounds and procedural adherence. (Para 3 , 5 , 15 , 28) |
| 3. court outlines necessary criteria for receiver appointments. (Para 4 , 11 , 14 , 31) |
| 4. court emphasizes procedural compliance for receiver applications. (Para 8 , 10 , 23) |
[1] The plaintiffs filed this suit on the premise that they are the beneficiaries of a trust known as the Tee Keong Family Trust ("TK Family Trust") and seek for a declaration as such. The defendant, Infoline Sdn Bhd is the trustee of the TK Family Trust.
[2] The application before me which is in encl 19, is filed by the plaintiffs for this Court to appoint one Adam Primus Verghese bin Abdullah ("Dato' Adam") as the receiver and manager over entire management assets of the TK Family Trust.
[3] The application is made under O 30 of the Rules of 2012 (" ROC ") read together with s 25(2) of the Courts of Judicature Act 1964 .
[4] On 26 February 2018, I had dismissed the application on the grounds that:
(a) The affidavit in support of the 1st plaintiff dated 30 August 201
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