COUNSEL & SOLICITOR:
Lim Kian Leong (Alvin Oh Seong Yew, Foo Siew Yin & Goh Gin Jhen with him) (M/s Sia Siew Mun & Co) for the respondents.
FEDERAL COURT (PUTRAJAYA)
PARTNERSHIP: Winding-up – Setting aside – Requirement of having more than five members at time of presentation of petition – Whether Bankrupt partner considered member in partnership – Whether remaining partners in partnership had locus standi and cause of action – Whether Winding-up order valid and proper – Companies Act 1965, ss. 314 & 315 – Partnership Act 1961, ss. 41 & 47 – Partner in partnership entered assignment Agreement with assignee – Whether assignee deemed as partner for purpose of ascertaining number of partners during presentation of petition – Companies Act 1965, s. 314(2)
COMPANY LAW: Winding-up – Unregistered Companies – Partnership with more than five members – Whether unregistered Company – Whether creditor’s petition or partner’s petition – Whether partnership could be wound-up – Companies Act 1965, ss. 314 & 315 – Partnership Act 1961, ss. 41 & 47