MDSA Resources Sdn Bhd v Adrian Sia Koon Leng [2023] 6 AMR 1, FC

Company law – Corporate rescue – Creditors' meeting – Scheme of arrangement – Classification of creditors – Whether related-party creditors and other creditors may be grouped together – Whether proper classification of creditors should be determined at court leave stage or at scheme sanction stage – Whether court can change classification approved at court leave stage – Companies Act 2016, ss 366(1), 369(1)(a)

Company law – Corporate rescue – Scheme of arrangement – Approval of – Whether votes of related-party creditors to be treated differently from votes of other creditors in same class in scheme of arrangement – Whether votes of related-party creditors should be discounted or not counted altogether – Whether separate corporate personality may be disregarded – Companies Act 2016, ss 366(1), 369(1)(a)

Company law – Corporate rescue – Scheme of arrangement – Court sanction – Whether court should decide sanction of any scheme of arrangement only on objections based on the pleadings and after hearing parties on those objections – Whether court may on its own consider relative commercial merits of the scheme of arrangement – Companies Act 2016, ss 366(1), 369(1)(a)

Company law – Corporate rescue – Scheme of arrangement – Explanatory statement – Adequacy of – Whether challege to adequacy of disclosure should be before approval of issuance of explanatory statement or at court scheme sanction stage – Whether court may order remedial measure if disclosure inadequate – Companies Act 2016, ss 366(1), 369(1)(a)

N Chanthiran a/l Nagappan v Kao Che Jen [2023] 6 AMR 73, FC

Company law – Receivership – Liquidators – Appointed by court – Action against court-appointed liquidator – Whether leave of court required before action may be commenced against liquidator – Companies Act 2016, s 486(2), Part IV – Companies (Winding-Up) Rules 1972, rule 63 – Interpretation Acts 1948 and 1967, s 17

Company law – Winding-up – Winding-up by court – Court-appointed liquidator, action against – Whether leave of court required before action may be commenced against liquidator – Companies Act 2016, s 486(2), Part IV – Companies (Winding-Up) Rules 1972, rule 63 – Interpretation Acts 1948 and 1967, s 17

The Government of Malaysia & Anor v Aminah binti Ahmad (suing in her personal capacity and on behalf of 56 retired members of the public service) [2023] 6 AMR 102, FC

Constitutional law – Legislation – Ultra vires – Pension adjustment – Pensions Adjustment (Amendment) Act 2013 changed mechanism for adjustment of pension of retired public servants – Whether new scheme less favourable – Whether new scheme ultra vires Article 147 of the Federal Constitution – Federal Constitution, Article 147, 147(1) – Pensions Adjustment Act 1980, ss 3, 3(1), (2), 6 – Pensions Adjustment (Amendment) Act 2013, ss 3, 7

Constitutional law – Public servants – Pension – Protection of – Pension adjustment for retired public servants – Pensions Adjustment (Amendment) Act 2013 changed mechanism for adjustment of pension – Whether new scheme less favourable – Whether new scheme ultra vires Article 147 of the Federal Constitution – Federal Constitution, Article 147, 147(1) – Pensions Adjustment Act 1980, ss 3, 3(1), (2), 6 – Pensions Adjustment (Amendment) Act 2013, ss 3, 7

Public servants – Pensions – Adjustments – Statutory change of mechanism for pension adjustment by the Pensions Adjustment (Amendment) Act 2013 – Whether new scheme less favourable – Whether contravenes Article 147 of the Federal Constitution – Whether amendments unconstitutional – Whether pensioner must show actual loss – Whether pre-amendment law automatically revived if amendments declared invalid – Federal Constitution, Article 147, 147(1) – Pensions Adjustment Act 1980, ss 3, 3(1), (2), 6 – Pensions Adjustment (Amendment) Act 2013, ss 3, 7

Statutes – Amendment – Invalidity of – Effect of amendment being declared invalid – Whether pre-amendment law automatically revived – Federal Constitution, Article 147, 147(1) – Pensions Adjustment Act 1980, ss 3, 3(1), (2), 6 – Pensions Adjustment (Amendment) Act 2013, ss 3, 7