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Thursday, 23 June 2011

Mutual agreement for Samy Vellu-MIED case

All parties reached out-of-court settlement and wished to withdraw the suit.

KUALA LUMPUR: The High Court here struck off the case brought by former MIC deputy president S Subramaniam and two others against Maju Institute of Educational Development (MIED) chairman S Samy Vellu and its trustees.

Judge Mohamad Ariff Md Yusof was informed by T Rajasekaran, representing the three plaintiffs, that all parties had reached an out-of-court settlement and wished to withdraw the suit.

Defence counsel Intan Azlina Mazlan confirmed the case had been resolved out of court on May 20.
The court struck out the suit without liberty to file a fresh civil action and made no order on costs.

A High Court interim injunction preventing MIED from admitting new members
until the suit was settled, dated April 18, was also set aside.

Subramaniam and the two other plaintiffs, former MIC Youth chief S Vigneswaran and Kedah MIC deputy chairman S Ganesan had filed the injunction on March 1 against Samy Vellu and nine others, preventing them from increasing MIED’s membership pending the MIED’s board of trustees meeting onMarch 7 this year.

On March 1, the trio had submitted a requisition to MIED’s company secretary to call for the EGM to remove Samy Vellu and T Marimuthu, who werethe signatories of MIED cheques following huge losses suffered by the MIC-owned education institution.

- Bernama

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