1. ) Aseambankers Malaysia Berhad 2. ) RHB Bank Berhad 3. ) AmBank (M) Berhad 4. ) DBS Bank Ltd, Cawangan Labuan 5. ) Alliance Merchant Bank Berhad 6. ) Malayan Banking Berhad 7. ) Malaysian Industrial Development Finance Berhad 8. ) Southern Bank Berhad 9. ) Affin Bank Berhad v 1. ) Gula Perak Berhad 2. ) Lim Sue Beng

wa-28pw-516-10-2022 High Court (Mahkamah Tinggi) 1 August 2023 • WA-28PW-516-10/2022 • 18 min read
8 cases cited (0 SG, 8 foreign)

Catchwords

Execution - Order 46 Rule 2 & 3 Rules of Court 2012 - Leave to execute judgment after six years - Section 6(3) Limitation Act 1953 - Distinction between bankruptcy proceedings and execution proceedings - Necessity to show cogent reasons for delay - Insufficiency of pursuing bankruptcy proceedings as explanation - Strategic litigation choices - not a valid excuse for not pursuing enforcement - Failure to attempt prescribed modes of execution under Order 45 - Ex abundant cautela application - Whether multiple leave applications permissible - Ex parte procedure - Dismissal of leave application

Judges (1)

Wan Muhammad Amin bin Wan Yahya Delivered

Counsel (5)

Azmi Fadzly Maha & Sim Firm Soo Thien Ming & Nashrah Firm Ailialef Hamima binti Aznan Counsel Plaintiff Jasneeta Bhullar Counsel Defendant Lua Ai Siew Counsel Plaintiff

Parties (11)

AFFIN BANK BERHAD Applicant AMBANK BERHAD Applicant Alliance Merchant Bank Berhad Applicant Aseambankers Malaysia Berhad Applicant DBS Bank Ltd, Cawangan Labuan Applicant GULA PERAK BERHAD Respondent MALAYAN BANKING BERHAD Applicant Malaysian Industrial Development Finance Berhad Applicant RHB BANK BERHAD Applicant Southern Bank Berhad Applicant Lim Sue Beng Respondent

Statutes Cited

Insolvency Act 1967 (Cap 360)
Limitation Act 1953 (Cap 254)
s 2
Rules of Court 2012

Cases Cited (8)

MY (8)
[1981] 1 MLJ 227 [1981] 2 MLJ 17 [2003] 2 MLJ 609 [2004] 3 MLJ 253 [2015] 4 MLJ 1 [2021] 5 MLJ 169 [2021] MLJU 1028 [2022] MLJU 3075

Judgment

Read the full judgment on the official Malaysia Courts portal.

Read on eJudgment

Source: eJudgment (wa-28pw-516-10-2022)