COUNSEL & SOLICITOR:
Chang Mun Fong and Low Chi Cheng (Lim Kian Leong & Co) for the respondent
High Court
Companies and Corporations – Winding up – ‘Act relating to property’ – Company paid security deposit under lease agreement to lessor – Creditors of company later commenced winding-up proceedings against company – Lessor utilized deposit to set off unpaid lease rentals after commencement of winding-up proceedings – Whether it was an act relating to property – Whether act void – Companies Act 1965 ss 223, 233 & 293
Words and Phrases – ‘Act relating to property’ – Companies Act 1965 s 293
Words and Phrases – ‘Disposition’ – Companies Act 1965 s 223