JUDGMENT

Nordin Hassan FCJ:

Introduction

[1] This is an appeal against the decision of the High Court Judge of Melaka not to sanction the appellant's proposed scheme of arrangement under s 366(1) of the Companies Act 2016 ("the CA") and consequently dismiss the appellant's application for a restraining order under s 368 of the same Act. The decision of the High Court was affirmed by the Court of Appeal.

[2] Aggrieved by the decision, the appellant applied for leave to appeal to the Federal Court and this was allowed with 10 questions of law posed to this Court for determination.

[3] The questions are as follows:

Question 1

Whether the votes of related-party creditors are to be treated differently from the votes of other creditors in the same class in the scheme of arrangement.

Question 2