MAYBANK ISLAMIC BERHAD v 1. ) RATENA SARI BINTI SARIAN 2. ) AZMI BIN MOHD ALI

ba-22m-64-05-2023 High Court (Mahkamah Tinggi) 10 November 2025 • BA-22M-64-05/2023

Catchwords

Summary judgment - Islamic financing - Defaulted in repayment of bank facilities – Company was wound up - Guarantee - Guarantors’ liability - Independent guarantee - Whether any of the Defendants’ grounds amount to a bona fide triable issue under Order 14 rule 3 Rules pf Court 2012 – Whether on the evidence the Plaintiff is entitled to judgment as a matter of law - Clause 4 of guarantee - No postponement of liability - No requirement to exhaust securities - Concurrent remedies - Winding-up of principal debtor -Pending appeal irrelevant - Temporary Measures Act 2020 - COVID-19 defence -Statutory protection inapplicable - No triable issue - Bare assertions -Speculative defences - Quantum dispute unsupported - Statement of Account unchallenged - Hypothetical arguments rejected -Commercial certainty - Contractual obligation to pay - Clear and unequivocal guarantee - Order 14 Rules Of Court 2012

Practice Areas

Civil Procedure Company Law

Judges (1)

Raja Rozela binti Raja Toran Delivered

Parties (3)

MAYBANK ISLAMIC BERHAD Plaintiff Azmi bin Mohd Ali Defendant Ratena Sari binti Sarian Defendant

Judgment

Read the full judgment on the official Malaysia Courts portal.

Read on eJudgment

Source: eJudgment (ba-22m-64-05-2023)