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LANCAR BORNEO Sdn Bhd
Organisation 1 case
About LANCAR BORNEO Sdn Bhd
LANCAR BORNEO Sdn Bhd appears as a party in 1 judgment in the MY Case Law database, spanning September 2025 to September 2025. LANCAR BORNEO Sdn Bhd appeared as defendant in 1 case. Cases span the High Court (1).
How many court cases involve LANCAR BORNEO Sdn Bhd?
LANCAR BORNEO Sdn Bhd appears in 1 published judgment from September 2025 to September 2025. Most commonly as defendant (1 cases).
Practice Areas
1. The Plaintiff, having obtained a default judgment in the sum of RM1,200,000.00 against the Defendant, initiated garnishee proceedings in respect of the Defendant’s bank accounts maintained with CIMB Bank Berhad (“CIMB Bank”) and Malayan Banking Berhad (“Maybank”). The present application is brought by the Plaintiff, in its capacity as the Judgment Creditor, seeking for the Garnishee Order Nisi issued against CIMB Bank and Maybank to be made absolute. 1 2. Both Maybank and CIMB Bank have confirmed that the Defendant holds bank accounts with available funds. However, the garnishee banks have also informed the Plaintiff that they are unable to release the said funds due to the existence of a Freezing Order and a Seizure Order issued by the Public Prosecutor under sections 44 and 50(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (“AMLA”). 1 Prevailing Issue 1 3. The central issue in the present application is whether the Defendant’s bank accounts remain subject to a valid and subsisting Freezing and Seizure Orders, and whether such orders continue to be in effect as at the date of this hearing. 1