PEMIUTANG PENGHAKIMAN MBSB BANK BERHAD PENGHUTANG PENGHAKIMAN NADINE ZANDRA A/P FERNANDEZ

wa-29ncc-1347-08-2024 High Court (Mahkamah Tinggi) 25 March 2026 • WA-29NCC-1347-08/2024 • 23 min read

16 cases cited (0 SG, 16 foreign)

Catchwords

INSOLVENCY: BANKRUPTCY PROCEEDINGS – APPEAL – APPLICATION TO SET ASIDE BANKRUPTCY NOTICE – APPLICATION FOR LEAVE TO COMMENCE BANKRUPTCY PROCEEDINGS AGAINST GUARANTOR – WHETHER PRIOR LEAVE OF COURT REQUIRED BEFORE ISSUANCE OF BANKRUPTCY NOTICE – WHETHER LEAVE OBTAINED AFTER ISSUANCE OF BANKRUPTCY NOTICE BUT BEFORE FILING OF CREDITOR’S PETITION WAS VALID – SECTIONS 5(3)(b), 5(4) AND 5(6) INSOLVENCY ACT 1967 – RULE 97 INSOLVENCY RULES 2017 – NON-SOCIAL GUARANTOR – EXHAUSTION OF MODES OF EXECUTION AND ENFORCEMENT – WHETHER FORECLOSURE PROCEEDINGS CONSTITUTED MODE OF EXECUTION – FINALITY OF JUDGMENT – RES JUDICATA – APPEALS DISMISSED.

Judges (1)

Jamhirah binti Ali Delivered

Counsel (6)

Hisham Sobri & Kadir Firm Zahir Jeya & Zainal Firm Lourdes Abishegam Counsel Respondent Muhammad Ezwar Rusydan Mohd Basir Counsel Petitioner Nur Afiqah binti Zainol Counsel Petitioner Siti Nur Farahin binti Alwi Counsel Respondent

Parties (2)

MBSB BANK BERHAD Judgment Creditor Nadine Zandra a/p Fernandez Judgment Debtor

Statutes Cited

Bankruptcy Act 1967 (Cap 360)

Companies Act

s 451

Companies Act 2016 (Cap 777)

Insolvency Act

s 5(4) s 5(6)

Insolvency Act 1967 (Cap 360)

s 2 s 5(3) s 5(3)(b) s 5(6) s 6(1)

National Land Code (Cap 828)

Cases Cited (16)

MY (16)

[1984] 2 MLJ 318 [1988] 1 MLJ 304 [1992] 2 MLJ 540 [1993] 5 MLRH 172 [1998] 2 MLJ 507 [2002] 2 MLJ 707 [2003] 4 MLJ 465 [2014] 3 MLJ 427 [2016] 4 MLJ 302 [2017] MLJU 232 [2021] MLJU 1389 [2022] 3 MLRH 27 [2023] 5 CLJ 20 [2024] 10 MLJ 631 [2024] MLJU 2387 [2024] MLJU 2859

Judgment

Read the full judgment on the official Malaysia Courts portal.

Read on eJudgment

Source: eJudgment (wa-29ncc-1347-08-2024)