News about court

The Mansions @ ParkCity Heights, Kuala Lumpur terrace house sold for RM9.

In his ruling, Judge Akhtar Tahir said KL Landmark and City Properties “blatantly” ran afoul of “the Strata Management Regime".

Ho Hup said the proposed scheme of arrangement will be detailed in an explanatory statement and put to a vote at a court-convened creditors’ meeting, where it must secure approval from at least 75% in value of those voting.

In dismissing the application, the Federal Court bench held that the issues raised by PD1’s management corporation were neither novel nor of public importance such that they would warrant further scrutiny; thus, the COA’s decision stood.

George Town has long been a coveted address.

Semantan Estate, which has gone under voluntary liquidation, is seeking a stay of the appellate court’s June 24 decision, which specified that the High Court is to assess the compensation to be paid by the government over the illegal acquisition of land, based on the 1956 market rate with 6% annual interest until payment.

Judge Datuk Ahmad Shahrir Mohd Salleh ruled on July 22 that the court had found no contractual relationship between the parcel owners and the directors.

"The contents of the letter do not refer to the respondent as the party responsible for finding replacement land," the court said.

The appellate bench had also unanimously overturned a High Court order for the K Residence JMB to reconvene its AGMs, and to allow them to vote at the meetings.

In his 66-page ruling released Tuesday (July 22), Justice Datuk Lee Swee Seng stated the decision favoring the government was straightforward, citing the broader need to shield public entities from litigation that could impede governance.