MAYBANK ISLAMIC BERHAD v 1. ) TRANSKON SDN. BHD. 2. ) YEE KIM MUN
wa-22m-1024-08-2024 High Court (Mahkamah Tinggi) 25 November 2025 • WA-22M-1024-08/2024 • 18 min read
16 cases cited
(0 SG, 16 foreign)
Catchwords
Civil Procedure — Judgment in default — Setting aside — Delay — Application made out of time — Knowledge of judgment — Failure to update contractual address — No prayer for extension of time — Laches and prejudice — Whether application fatally defective — Regularity of service — Contractual mode of service — Registered post — Deemed service — Actual receipt immaterial — Tactical applications — Real prospect of success — Stricter test — Deliberate default — Whether JIDA regularly obtained — Rules of Court 2012 O 42 r 13 — Federal Constitution, item 7(j) of the Federal List in the Ninth Schedule. Banking Law — Islamic banking — Commodity Murabahah Term Financing-i — Alleged Shariah non-compliance — Whether facility void — Effect of non-— Whether regulatory breach renders contract unenforceable compliance — Set-off — Fixed deposits — Acceleration upon default — Whether termination a condition precedent — Right of bank to combine accounts — Islamic Financial Services Act 2013 ss 28 & 281 — Section 24(e) Contracts Act 1950 Evidence — Certificate of indebtedness — Conclusive evidence clause — Manifest error — Burden on debtor — Internal ledger discrepancy — Whether bona fide triable issue disclosed — Without prejudice communications — Admissions of liability — Negotiation of repayment terms — Admissibility
Practice Areas
Judges (1)
Counsel (4)
Case Significance
MAYBANK ISLAMIC BERHAD v 1. ) TRANSKON SDN. BHD. 2. ) YEE KIM MUN is a High Court (Mahkamah Tinggi) decision dated November 25, 2025 (citation: wa-22m-1024-08-2024). The case was decided by Yusrin Faidz bin Yusoff.
What was the outcome of MAYBANK ISLAMIC BERHAD v 1. ) TRANSKON SDN. BHD. 2. ) YEE KIM MUN?
MAYBANK ISLAMIC BERHAD v 1. ) TRANSKON SDN. BHD. 2. ) YEE KIM MUN is a High Court decision dated November 25, 2025. The case was heard by Yusrin Faidz bin Yusoff. See the full judgment for details.
Statutes Cited
Cases Cited (16)
UK (7)
[1937] AC 473 [2008] EWCA Civ 542 [2011] EWCA Civ 230 [2012] Ch 31 [2013] EWHC 748 [2018] EWCA Civ 264 [2021] EWHC 344
MY (9)
[1979] 2 MLJ 257 [2001] 1 CLJ 102 [2001] 2 CLJ 277 [2006] 2 MLJ 685 [2007] 4 MLRH 798 [2017] 2 MLJ 69 [2020] MLJU 438 [2023] MLJU 1763 [2024] MLJU 2412
Judgment
Read the full judgment on the official Malaysia Courts portal.
Read on eJudgmentSource: eJudgment (wa-22m-1024-08-2024)