HAP SENG CREDIT SDN BHD v ELEMAC PRECISION ENGINEERING SDN BHD

ma-24fc-169-10-2023 High Court (Mahkamah Tinggi) 12 June 2025 • MA-24FC-169-10/2023

Catchwords

Originating summons-Order for sale Two 16D Notices. Proceedings filed before the statutory one-month period in the second 16D Notice expired. Whether the applicant can rely on the first 16D Notice. Whether issues of interest and dispute as to the amount owed can be raised in Order for Sale proceedings, which is a proceeding in rem. Whether there was compliance with the Moneylenders (Control and Licensing)Regulations 2003, Schedule K. Interpretation of section 2, MLA and Regulation 11.

Practice Areas

Originating summons-Order for sale Two 16D Notices. Proceedings filed before the statutory one-month period in the second 16D Notice expired. Whether the applicant can rely on the first 16D Notice. Whether issues of interest and dispute as to the amount owed can be raised in Order for Sale proceedings, which is a proceeding in rem. Whether there was compliance with the Moneylenders (Control and Licensing)Regulations 2003, Schedule K. Interpretation of section 2, MLA and Regulation 11.

Judges (1)

Anselm Charles Fernandis Delivered

Parties (2)

ELEMAC PRECISION ENGINEERING Sdn Bhd Respondent HAP SENG CREDIT Sdn Bhd Applicant

Case Significance

HAP SENG CREDIT SDN BHD v ELEMAC PRECISION ENGINEERING SDN BHD is a High Court (Mahkamah Tinggi) decision dated June 12, 2025 (citation: ma-24fc-169-10-2023). The case was decided by Anselm Charles Fernandis.

What was the outcome of HAP SENG CREDIT SDN BHD v ELEMAC PRECISION ENGINEERING SDN BHD?

HAP SENG CREDIT SDN BHD v ELEMAC PRECISION ENGINEERING SDN BHD is a High Court decision dated June 12, 2025. The case was heard by Anselm Charles Fernandis. See the full judgment for details.