PUTRAJAYA (Dec 1): A company in the midst of being wound up can still receive damages for defamation as vindication of its reputation and to avoid further disrespect which it may have suffered due to defamatory words published, a senior lawyer told the Federal Court today.
Tan Sri Cecil Abraham, who appeared for Raub Australian Gold Mine Sdn Bhd (RAGM), said in the two questions of law posed by Malaysiakini in its appeal to set aside payment of RM200,000 in damages, the news portal had stated that the cause of action in the suit was filed before the company was wound up.
Goodwill is capable of existing in an insolvent company. Further damages for loss of goodwill can be awarded to it. This is so because the goodwill of the company holds…
Read the full article at: https://www.theedgemarkets.com/article/lawyers-spar-over-whether-company-liquidation-can-still-receive-damages-defamation
