Mansion Properties Sdn Bhd v Sham Chin Yen & 15 Ors
| Jurisdiction | Malaysia |
| Court | Federal Court (Malaysia) |
| Judgment Date | 2021 |
| Date | 2021 |
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6 cases
- PNL Capital Sdn Bhd and Others v Loh Teck Wah and Others
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20230125 Wa-24Ncc-148-032022 Sapura Energy Berhad Goj Encl 131 Sgd
...are following through with the Schemes. [34] On this, I am guided by the recent case of Mansion Properties Sdn Bhd v Sham Chin Yen & Ors [2021] 1 MLJ 527, where the Federal Court held as We can confidently say that the legislative purpose ofs 368(1) of the CA is to preserve status quo and t......
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TOP BUILDERS CAPITAL BERHAD
...order in a scheme of arrangement has in fact been stated by our Federal Court in Mansion Properties Sdn Bhd v. Sham Chin Yen & Ors [2021] 1 MLJ 527 in the following passages in the [45] In our view, the purpose of s 368(1) of the CA is to ensure that a company’s restructuring efforts are no......
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KENDARA CORPORATION SDN BHD vs CHANG CHI MIN
...intervene in this action and for the ex parte Order to be set aside (Encl. 11). [4] In Mansion Properties Sdn Bhd v Sham Chin Yen & Ors [2021] 1 CLJ 609, the Federal Court stated “[28] The process by which a scheme of compromise or arrangement becomes binding on the company and its creditor......
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1 firm's commentaries
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Introduction To A Scheme Of Arrangement Under The Companies Act 2016
...on the company. The relevant provision under the Companies Act 2016 is Section 368. In Mansion Properties Sdn Bhd v Sham Chin Yen & Ors [2021] 1 MLJ 527, the Federal Court stated that the purpose of Section 368(1) of the Companies Act 2016 is to preserve the status quo and to prevent effort......