KUALA LUMPUR (July 3): Fashion designer Datuk Jovian Mandagie was declared a bankrupt by the High Court on Thursday after failing to repay a friendly loan of RM5.28 million, including interest, to engineering construction company Cekap Air Sdn Bhd (Cekap Air).
Senior Assistant Registrar Muhammad Faisal Zulkifli issued the order after allowing the creditors’ petition filed on Nov 20, 2024.
Lawyer Siti Nur Athirazati Rohizad, representing Cekap Air, when met by reporters after the proceedings, said her client had filed a bankruptcy notice on May 21, 2024, after Jovian failed to comply with a direct judgment given by the court on April 2 of the same year.
“After obtaining leave to issue a bankruptcy notice against Jovian, we filed the…