AMBANK (M) BERHAD v 1. ) CSTME RESOURCES SDN BHD 2. ) IMPIANA ALAMJAYA SDN BHD 3. ) ALBERT TAN YEAN HEONG 4. ) WAN AHMAD KAMAL BIN MOHD RASDI

wa-22ncc-265-05-2023 High Court (Mahkamah Tinggi) 30 July 2024 • WA-22NCC-265-05/2023 • 34 min read

18 cases cited (0 SG, 18 foreign)

Outcome

For the reasons stated above, I allowed this Application with costs.

Quoted verbatim from the judgment of High Court (Mahkamah Tinggi) (wa-22ncc-265-05-2023). Read the full judgment on the official Malaysia Courts portal for the complete decision.

Catchwords

Summary Judgment - Order 14 Rules of Court 2012 - Banking Facilities - Default in payment - Certificate of Indebtedness as conclusive evidence - Conclusiveness of Certificate under Facilities Agreement, Charge and Guarantee - Burden on defendant to demonstrate manifest error - Failure to particularise challenge to Certificate - No triable issue - Concurrent remedies - Right of bank to simultaneously pursue legal action and foreclosure proceedings - Admissions by defendants via settlement correspondence - Bare denials insufficient - Raising new issues via submissions contrary to pleaded case - Change in position affecting credibility

Practice Areas

Civil Procedure

Judges (1)

Wan Muhammad Amin bin Wan Yahya Delivered

Counsel (2)

Xi Fang & Co. Firm Ooi Xi Fang Counsel Defendant

Parties (5)

AMBANK BERHAD Plaintiff CSTME RESOURCES Sdn Bhd Defendant IMPIANA ALAMJAYA Sdn Bhd Defendant Albert Tan Yean Heong Defendant Wan Ahmad Kamal bin Mohd Rasdi Defendant

Statutes Cited

Rules of Court 2012

Cases Cited (18)

UK (1)

[1989] 3 All ER 839

MY (17)

[1981] 1 MLJ 282 [1986] 1 MLJ 16 [1990] 2 MLJ 36 [1991] 2 CLJ 1126 [1994] MLJU 8 [1995] 3 MLJ 331 [1996] 4 MLJ 556 [1997] 1 MLJ 77 [2003] 3 MLJ 67 [2004] 5 CLJ 256 [2006] 2 MLJ 685 [2007] 1 CLJ 552 [2008] 4 CLJ 748 [2009] 6 CLJ 81 [2013] 3 MLJ 41 [2015] 7 MLJ 134 [2018] MLJU 1346

Judgment

Read the full judgment on the official Malaysia Courts portal.

Read on eJudgment

Source: eJudgment (wa-22ncc-265-05-2023)