News about legal

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.

The latest notice from the Malaysian Anti-Corruption Commission (MACC)— similar to previous forfeiture applications—does not specify any alleged offences apart from being related to the investigation under Section 36, according to a statement by Messrs Zharif Nizamuddin.

The decision was delivered in the case of Spatial Design Architects Sdn Bhd v Majlis Perbandaran Klang & Ors [2024] MLJU 3982, where the court found that any condition reserving submission rights exclusively for Registered Town Planners contravenes the Town and Country Planning Act 1976.

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.

For mesne profits—compensation for loss of use of property—Semantan Estate values the damages at RM5 billion to RM12 billion, while government valuers have estimated it at RM290 million.

Liquidator Dr Jim Lai Chee Chuen, when met at the sidelines of the decision with counsel Datuk Dr Cyrus Das, Ira Biswas and Alexie Ng Ying Ching, said the 26 questions of law posed by the company are constitutionally important and should have been heard.

The court ruled the 26 questions of law posed by the company failed to meet the threshold for the merits of the appeal to be heard, according to Chief Judge of Malaya (CJM) Tan Sri Hasnah Mohammed Hashim.

The notice of application was filed with the Shah Alam High Court on Nov 6 by the landowner, Subramaniam Seenivasagam.

The adjudication decision was secured earlier in February this year and comprised RM76.