KUMPULAN SEPAKAT KONSULT (1997/FP00378) v CHERISH SPRINGS SDN BHD (COMPANY NO: 833739-K)

The High Court of Malaya at Kuala Lumpur heard an application by creditors of Cherish Springs Sdn Bhd to remove the liquidator, Tharma Iswara, for alleged failure to discharge statutory duties and charging excessive fees. The court dismissed the application, finding no evidence of misconduct, but reduced the liquidator's fees for transferring strata titles to RM1,000 per parcel. The court also considered delays due to the COVID-19 pandemic and found no collusion between the liquidator and other parties.