News about court

The legal action was initiated by Kumpulan Jetson last December after the group turned down the requisition notice on the grounds that the 10 shareholders did not collectively hold at least 10% of the group's shares on the day of the request.

The appellate court had initially fixed last Oct 24 for the hearing of Semantan Estate’s appeal, but senior federal counsel Shamsul Bolhassan sought an adjournment following a negotiated settlement taking place.

Court of Appeal Judge Wong Kian Kheong in his judgment on Feb 19 this year said that the areas in dispute, namely 342 car park bays, landscaped areas, a pool deck, and other common property from the developer and the purchaser of some of the areas, should be the common property of Centrestage and not belong to the developer and the purchaser.

The unanimous decision was made by a three-member apex court bench led by Datuk Zabariah Mohd Yusoff, who also ordered MBPJ to pay RM100,000 costs to the RA identified as Lim Keng Jit who represented the Parkville RA in Sunway Damansara.

According to the judgement dated March 7, the High Court ordered CDS to pay businesswoman Suriati Mohd Yusuf RM200,000 in damages, along with RM50,000 in costs, for an inaccurate negative credit rating.

The High Court last week decided in favour of a businesswoman, Suriati Mohd Yusuf, in a defamation case she brought against CTOS’ wholly owned unit CTOS Data Systems Sdn Bhd (CDS).

CDS CEO Eric Chin insisted that the company is allowed to provide credit scores under the CRA, based on the Act’s definition of credit reporting business, credit information and credit report.

“Credit reporting agencies will likely need to overhaul their business models to comply fully with the [Credit Reporting Agencies] Act 2010, potentially discontinuing their credit score services altogether.

The disposal was arrived at a willing buyer-willing seller basis and will generate surplus cash of approximately RM80.

"The distinction between the roles of the court and the government is at the heart of the constitutional balance.