High court grants AirAsia X restraining order

TheEdge Wed, Mar 17, 2021 02:52pm - 4 years View Original


KUALA LUMPUR (March 17): The High Court today granted a restraining order for three months on 15 of AirAsia X Bhd interveners or creditors over its present restructuring exercise.

The order was granted by Judicial Commissioner Ong Chee Kwan following proceedings which were done online.

"The order was granted on all intervenors (creditors) and any other actions as well," AirAsia X lawyer Gopal Sreenevasan told theedgemarkets.com.

Gopal appears together with counsel S Suhendran

On Feb 19, Ong also granted leave (permission) for the budget airline to meet with its creditors.

More to come

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