OCBC Al-Amin Bank Berhad v Mohd Naza Bin Osman Ali (Si Bankrap diwakili oleh Ketua Pengarah Insolvensi)

ja-24mfc-400-05-2024 High Court (Mahkamah Tinggi) 17 November 2024 • JA-24MFC-400-05/2024 • 17 min read
3 cases cited (0 SG, 3 foreign)

Outcome

Based on the reasons above, I dismiss Enclosure 1 with costs of RM3000.00 subject to allocator costs, to be paid by the Plaintiff to the Defendant within fourteen (14) days from the Court order.

Quoted verbatim from the judgment of High Court (Mahkamah Tinggi) (ja-24mfc-400-05-2024). Read the full judgment on the official Malaysia Courts portal for the complete decision.

Catchwords

Civil – Originating Summons – Order for Sale – whether the Plaintiff is allowed to accept the loan payment after the Defendant has adjudged bankrupt – whether the conduct of the Plaintiff of accepting the housing instalment payment from the Defendant after issuing the Notice Recall the Loan and Termination and also Notice 16D under National Land Code 1965 is amounting to cause to the contrary under subsection 256(3) of National Land Code 1965.

Practice Areas

Land Law Civil Procedure

Judges (1)

Wong Mee Ling Delivered

Counsel (4)

G.K. Sritharan & Co Firm Zaid Ibrahim & Co Firm Louis Chong Huey Hwang Counsel Plaintiff M.K. Tan Counsel Defendant

Parties (2)

Mohd Naza Bin Osman Ali (Si Bankrap diwakili oleh Ketua Pengarah Insolvensi) Respondent OCBC AL-AMIN BANK BERHAD Applicant

Statutes Cited

Employment Act
s 31
Insolvency Act 1967 (Cap 360)
s 8(1)
National Land Code (Cap 828)

Cases Cited (3)

MY (3)
[1997] 2 CLJ 36 [2005] 1 CLJ 793 [2013] 2 CLJ 804

Judgment

Read the full judgment on the official Malaysia Courts portal.

Read on eJudgment

Source: eJudgment (ja-24mfc-400-05-2024)