A summary of the Federal Court’s decision in Affin Bank Berhad (Formerly Known As Perwira Affin Bank Berhad) v Abu Bakar Ismail [Federal Court Civil Appeal No. 03(f)-05-10/2017 (W)].
The key takeaway is that the solvency of the debtor must necessarily relate to his ability to pay his debts as they become due, as at the time of the hearing of the creditor’s petition.
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