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21 May 2024

Our Litigation Partner, Idza Hajar Ahmad Idzam, and Legal Associate, Ng Ying Ci, recently played instrumental roles in securing a favourable outcome for CIMB Bank Berhad, a secured creditor of Sawit Raya Sdn. Bhd.


The matter at hand involved the appointment of interim judicial managers for the management of Sawit Raya Sdn Bhd.

Case Recap
We have successfully represented CIMB Bank Berhad and placed Sawit Raya Sdn. Bhd. under the Judicial Management of Andrew Heng and Kumarakuru a/l Jai Prakash Krishnan of Messrs. Baker Tilly Insolvency PLT in early 2023. Now, as the previous Judicial Management Order has expired, three separate applications, including CIMB Bank Berhad's, have been filed to once again place Sawit Raya Sdn. Bhd. under judicial management.

Earlier this year, our Litigation Partner, Idza Hajar Ahmad Idzam, and Legal Associate, Ng Ying Ci, secured an order to place Sawit Raya under ad-interim judicial management pending the disposal of the application for interim judicial management. This ensured continuous oversight and management of Sawit Raya Sdn. Bhd. during the legal proceedings.

Competing Proposals for Interim Judicial Managers
During the recent proceedings, two different sets of interim judicial managers were proposed. Additionally, a separate party suggested appointing these two sets as joint interim judicial managers.

Despite the various proposals, the court ultimately decided in favour of the interim judicial managers nominated by CIMB Bank Berhad, namely Andrew Heng and Kumarakuru a/l Jai Prakash Krishnan of Messrs. Baker Tilly Insolvency PLT.

The court's decision to appoint Andrew Heng and Kumarakuru a/l Jai Prakash Krishnan ensures the continuity and smooth process of the work initiated by the interim judicial managers since early 2023. This continuity is crucial for maintaining the stability and effectiveness of the judicial management process, allowing the interim judicial managers to build on the progress made and continue their efforts without disruption.

We will continue to provide updates as the judicial management process progresses.

For more insights into this area of law, please contact our Litigation Partners:
P Jayasingam

Wong Keat Ching
Thavaselvi Pararajasingam
Idza Hajar Ahmad Idzam
Nan Muhammad Ridhwan Rosnan
Nur Syafinaz Vani Abdullah


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