Court of Appeal backs SC, dismisses Ramesh Rajaratnam’s review bid


The Securities Commission of Malaysia building in Kuala Lumpur

PETALING JAYA: The Court of Appeal, on Aug 1, 2025, has unanimously dismissed an application by former Malaysian Merchant Marine Berhad (MMM) executive deputy chairman Datuk Ramesh Rajaratnam to review its earlier decision delivered on May 6, 2024.

In a statement, the Securities Commission Malaysia (SC) said the court has always been cautious in exercising the power of review of its earlier decision, adding that the review powers of the court may only be exercised in exceptional circumstances.

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