Tetuan Sulaiman & Taye vs Wong Poh Kun & Wong Poh Lum
The Court of Appeal heard two related appeals concerning the liability of former directors of Bistari Land Sdn Bhd for fraudulent trading. The High Court had found the directors personally liable for RM5,907,500 owed to the plaintiff law firm. The Court of Appeal upheld the finding of fraudulent trading but modified the payment order, directing payment directly to the plaintiff rather than the liquidator.
Overview
Case Number
W-02(NCC)(W)-980-08/2020
Case Type
Civil - Company law
Court
Court of Appeal of Malaysia, Putrajaya
Coram Judges
- Lee Swee Seng
- Hadhariah Binti Syed Ismail
- Gunalan A/L MuniandyDelivered Judgment
Related Proceedings
High Court
WA-22NCC-364-08/2018
High Court of Malaya at Kuala Lumpur
Heard Together With
Wong Poh Lum vs Tetuan Sulaiman & Taye
W-02(NCC)(W)-982-08/2020
Cross-appeal regarding director liability in fraudulent trading case
Subject Matter
Company lawDirector's liabilityFraudulent trading