Banking
13 cases · November 2017 to June 2026
Case Volume by Year
1 17
1 23
2 24
5 25
4 26
2017–2026
Key Issues & Sub-Topics
Banker’s guarantee — Quick Guarantee — Distinction between Quick Guarantee and conventional bank guarantee facility — Whether board resolution required — Whether authorised signatory sufficient to bind company — Guarantee application executed under company stamp and account signatory’s signature — Liability to reimburse bank upon payment under guarantee. 1 Banker and customer — Account mandate — Authority of sole account signatory — Whether bank entitled to rely on account mandate — Whether bank acted in accordance with customer’s mandate — Effect of absence of directors’ resolution. 1 Banker’s guarantee — Demand guarantee — Call by beneficiary — Bank’s obligation to honour conforming demand — Customer’s liability under contractual indemnity — Reimbursement of amount paid under guarantee. 1 Certificate of indebtedness — Conclusive evidence clause — Certificate founded upon reversed debit entry — Manifest error — Whether certificate conclusive — Quantum proved by independent evidence. 1 Loan facility — Charge over land — Default — Certificate of indebtedness — Conclusive evidence clause — Whether debtor entitled to challenge amount without affidavit evidence — Burden of proof — Allegation of manifest error — Whether submissions from bar sufficient. 1 Loan facilities — Term loans — Borrower’s default — Action for recovery of debt — Guarantees — Joint and several guarantee — Liability of guarantors — Whether guarantors liable upon borrower’s default 1 Certificate of indebtedness — Conclusive evidence clause — Effect of certificate — Whether certificate operates in field of adjectival law — Whether certificate shifts evidential burden to defendant — Whether certificate sufficient to establish debt in summary judgment proceedings — Meaning of manifest error — Whether bare allegation of excessive amount sufficient to displace certificate. 1 Security — Concurrent remedies — Action against borrower and guarantors — Existence of charged property — Whether bank required to first realise security before suing on debt — Whether bank entitled to pursue debt and security simultaneously — Effect of contractual clause preserving concurrent remedies. 1 Guarantees — Realisation of securities — Right to proceed against guarantors without first realising other securities — Express contractual clause — Enforceability 1 Loans and facilities — Default — Summary judgment — Application under O 14 Rules of Court 2012 — Term loans and revolving bridging loan granted and fully disbursed — Corporate guarantees executed — Guarantors liable as principal debtors — Whether defendants raised bona fide triable issue — Alleged requirement to exhaust securities before action — Creditor’s right to elect and pursue concurrent remedies — Certificate of indebtedness — Whether conclusive — Absence of manifest error — Alleged repayments unsupported by evidence — Inconsistent positions in pleadings, affidavit and submissions — Whether submissions can contradict admissions — Bare denials insufficient — Whether summary judgment properly entered. 1 Islamic finance — Bai Al-Inah facilities — Certificate of Indebtedness — Summary judgment under Order 14A — Subsequent challenge on grounds of fraudulent misstatement of indebtedness — Whether sustainable. 1 Islamic banking — Performance guarantee under kafalah bi al-ujr — Guarantee issued with premature expiry date — Refusal to amend — Whether contrary to purpose of guarantee — Bank Negara Malaysia Kafalah Policy Document considered 1 Credit card facility — Unauthorised transactions — Whether bank in breach of contract or duty of care — Whether bank liable under Quincecare duty — Whether bank complied with Bank Negara Malaysia guidelines — Banker and customer relationship — Nature of duty — Whether fiduciary duty owed — Whether relationship governed by terms of agreement — Co-operative Societies Act 1993, s.7, s.8 & s.9 — Bank Kerjasama Rakyat Malaysia Berhad (Special Provisions) Act 1978, s.3 — Development Financial Institutions Act 2002, s.3 and the First Schedule. 1 Islamic banking — Summary judgment — Default in repayment of Commodity Murabahah and Multi Trade Line facilities — Plaintiff’s right to restructure and vary facilities — Whether claim involved riba or interest — Validity of ta’widh charges — Whether foreclosure proceedings bar civil claim — Whether genuine triable issues raised — Defence based on non-receipt of demand letter — Validity and scope of continuing guarantees — Guarantee and Indemnity — Whether financing claim tainted by gharar — Whether certificate of indebtedness conclusive — Whether defendants have proven manifest error — Principal liability clause — Indemnity clause — Rules of Court 2012, Order 14 rr 1, & 3 — Interpretation Acts 1948 and 1967, s.12. 1 Guarantors — Summary judgment — Order 14 Rules of Court 2012 — Term loan facilities — Default in payment — Appointment of Receiver and Manager — Right to pursue multiple remedies concurrently — Whether disposal of charged properties necessary before suing guarantors — Whether claim time-barred — Section 6 Limitation Act 1953 — Cause of action for guarantors accruing from date of demand — Effect of variation of terms — Statement of Account/Certificate of Indebtedness as conclusive evidence — Receiver as agent of borrower not bank 1 Term Loan Facility — Summary judgment — Order 14 Rules of Court 2012 — Appeal against Sessions Court decision — Credit Guarantee Corporation guarantee — Whether condition precedent fulfilled — Effect of CGC guarantee on borrower's and guarantors' liability — Repayment arrangement — Whether superseded original facility terms — Certificate of indebtedness — Conclusive proof of outstanding amount — Letters of demand — Sufficient notice to all parties — Disbursement of facility — Whether properly pleaded and proven — Appellants approbating and reprobating 1 Legal assignment under S. 4(3) of the Civil Law Act — Tripartite agreement — Consortium agreement — Construction project — Assignment of contract proceeds — Retention sum — Set-off wrongly carried out — Irrevocable notice — Facility agreement — Financing Facilities did not comply with Shariah principles — Estoppel — Contract Act 1950 — Civil Law Act 1956 — Assessment of damages. The Court held the Plaintiff had a valid and enforceable legal assignment of Hisniaga’s contract proceeds via a tripartite agreement, binding on the Defendants. Set-offs by Defendants were unlawful post-assignment. Claims for assigned proceeds and retention sum allowed; quantum to be assessed separately. Shariah compliance challenge dismissed as irrelevant. 1 Appeal — Overdraft facility — Pleadings — Statement of claim adverting to cause of action in negligence — Whether wrongful withdrawal of monies against overdraft account — Whether respondent bank negligent in uplifting the sum pledged as a set-off against the overdraft account — Effect and repercussion — Whether cause of action in tort abandoned — Whether appellant’s pleaded cause of action was for the tort of negligence, which he had abandoned and not for breach of contract— Whether appeal to be dismissed 1
Banker’s guarantee — Demand guarantee — Call by beneficiary — Bank’s obligation to honour conforming demand — Customer’s liability under contractual indemnity — Reimbursement of amount paid under guarantee. 1 case
Certificate of indebtedness — Conclusive evidence clause — Certificate founded upon reversed debit entry — Manifest error — Whether certificate conclusive — Quantum proved by independent evidence. 1 case
Loan facility — Charge over land — Default — Certificate of indebtedness — Conclusive evidence clause — Whether debtor entitled to challenge amount without affidavit evidence — Burden of proof — Allegation of manifest error — Whether submissions from bar sufficient. 1 case
Loan facilities — Term loans — Borrower’s default — Action for recovery of debt — Guarantees — Joint and several guarantee — Liability of guarantors — Whether guarantors liable upon borrower’s default 1 case
Certificate of indebtedness — Conclusive evidence clause — Effect of certificate — Whether certificate operates in field of adjectival law — Whether certificate shifts evidential burden to defendant — Whether certificate sufficient to establish debt in summary judgment proceedings — Meaning of manifest error — Whether bare allegation of excessive amount sufficient to displace certificate. 1 case
Security — Concurrent remedies — Action against borrower and guarantors — Existence of charged property — Whether bank required to first realise security before suing on debt — Whether bank entitled to pursue debt and security simultaneously — Effect of contractual clause preserving concurrent remedies. 1 case
Guarantees — Realisation of securities — Right to proceed against guarantors without first realising other securities — Express contractual clause — Enforceability 1 case
Loans and facilities — Default — Summary judgment — Application under O 14 Rules of Court 2012 — Term loans and revolving bridging loan granted and fully disbursed — Corporate guarantees executed — Guarantors liable as principal debtors — Whether defendants raised bona fide triable issue — Alleged requirement to exhaust securities before action — Creditor’s right to elect and pursue concurrent remedies — Certificate of indebtedness — Whether conclusive — Absence of manifest error — Alleged repayments unsupported by evidence — Inconsistent positions in pleadings, affidavit and submissions — Whether submissions can contradict admissions — Bare denials insufficient — Whether summary judgment properly entered. 1 case
Islamic finance — Bai Al-Inah facilities — Certificate of Indebtedness — Summary judgment under Order 14A — Subsequent challenge on grounds of fraudulent misstatement of indebtedness — Whether sustainable. 1 case
Islamic banking — Performance guarantee under kafalah bi al-ujr — Guarantee issued with premature expiry date — Refusal to amend — Whether contrary to purpose of guarantee — Bank Negara Malaysia Kafalah Policy Document considered 1 case
Islamic banking — Summary judgment — Default in repayment of Commodity Murabahah and Multi Trade Line facilities — Plaintiff’s right to restructure and vary facilities — Whether claim involved riba or interest — Validity of ta’widh charges — Whether foreclosure proceedings bar civil claim — Whether genuine triable issues raised — Defence based on non-receipt of demand letter — Validity and scope of continuing guarantees — Guarantee and Indemnity — Whether financing claim tainted by gharar — Whether certificate of indebtedness conclusive — Whether defendants have proven manifest error — Principal liability clause — Indemnity clause — Rules of Court 2012, Order 14 rr 1, & 3 — Interpretation Acts 1948 and 1967, s.12. 1 case
Guarantors — Summary judgment — Order 14 Rules of Court 2012 — Term loan facilities — Default in payment — Appointment of Receiver and Manager — Right to pursue multiple remedies concurrently — Whether disposal of charged properties necessary before suing guarantors — Whether claim time-barred — Section 6 Limitation Act 1953 — Cause of action for guarantors accruing from date of demand — Effect of variation of terms — Statement of Account/Certificate of Indebtedness as conclusive evidence — Receiver as agent of borrower not bank 1 case
Term Loan Facility — Summary judgment — Order 14 Rules of Court 2012 — Appeal against Sessions Court decision — Credit Guarantee Corporation guarantee — Whether condition precedent fulfilled — Effect of CGC guarantee on borrower's and guarantors' liability — Repayment arrangement — Whether superseded original facility terms — Certificate of indebtedness — Conclusive proof of outstanding amount — Letters of demand — Sufficient notice to all parties — Disbursement of facility — Whether properly pleaded and proven — Appellants approbating and reprobating 1 case
Legal assignment under S. 4(3) of the Civil Law Act — Tripartite agreement — Consortium agreement — Construction project — Assignment of contract proceeds — Retention sum — Set-off wrongly carried out — Irrevocable notice — Facility agreement — Financing Facilities did not comply with Shariah principles — Estoppel — Contract Act 1950 — Civil Law Act 1956 — Assessment of damages. The Court held the Plaintiff had a valid and enforceable legal assignment of Hisniaga’s contract proceeds via a tripartite agreement, binding on the Defendants. Set-offs by Defendants were unlawful post-assignment. Claims for assigned proceeds and retention sum allowed; quantum to be assessed separately. Shariah compliance challenge dismissed as irrelevant. 1 case
Appeal — Overdraft facility — Pleadings — Statement of claim adverting to cause of action in negligence — Whether wrongful withdrawal of monies against overdraft account — Whether respondent bank negligent in uplifting the sum pledged as a set-off against the overdraft account — Effect and repercussion — Whether cause of action in tort abandoned — Whether appellant’s pleaded cause of action was for the tort of negligence, which he had abandoned and not for breach of contract— Whether appeal to be dismissed 1 case
Key Statutes
Rules of Court 2012
cited in 1 case Evidence Act 1950 (Cap 56)
cited in 1 case Insolvency Act 1967 (Cap 360)
cited in 1 case Courts of Judicature Act 1964 (Cap 91)
cited in 1 case Court Distribution
Key People & Firms
Top Judges
Top Firms
Cases
ma-22ncc-7-05-2021
CIMB BANK BERHAD v GERAK JALINAN SDN BHD
18 June 2026
MYHC
ma-24fc-89-05-2025
PUBLIC BANK BERHAD v PROLIFIC PROPERTIES SDN. BHD. (dalam likuidasi)
5 April 2026
MYHC
ma-22ncc-9-06-2023
ALLIANCE BANK MALAYSIA BERHAD v 1. ) SUPREME POWER AUTO SDN. BHD. 2. ) LIM TECK BOON 3. ) LIM JEN JIN
12 March 2026
MYHC
wa-22m-233-04-2019
KUWAIT FINANCE HOUSE (MALAYSIA) BERHAD v 1. ) WSJ INTERNATIONAL SDN. BHD. 2. ) NOR RAIHAN BINTI AHMAD KAMARUDIN 3. ) IQBAL BIN MOHD AYUB 4. ) MOHAMED BASIR BIN MAIDIN 5. ) RASHID BIN MAIDIN 6. ) MOHAMED IDRIS BIN MOHAMED 7. ) MOHAMED IZHAR BIN KHURSHED AHMAD 8. ) SELVARAJAN A/L MARUTHAMUTHU
25 February 2026
MYHC
wa-22ncc-636-09-2025
RHB BANK BERHAD v 1. ) GRENEPARK VILLAGE SDN BHD 2. ) PARAGRENE LAND BERHAD 3. ) GREGORY AMOS YOON PENG SUM 4. ) MOHD HALIM WHY BIN ABDULLAH 5. ) WAN NOR HAYATI BINTI WAN MUSTAFHA 6. ) WAN NASIR BIN WAN MUSTAFHA
14 December 2025
MYHC
wa-22m-1817-12-2024
KOPERASI SERBAGUNA IMAN MALAYSIA BERHAD v BANK KERJASAMA RAKYAT MALAYSIA BERHAD PIHAK KETIGA 1. ) Datuk Mohd Irwan Bin Mohd Mubarak 2. ) Dato' Sri Khairul Dzaimee Daud 3. ) Dato' Dr Amiruddin Muhamed 4. ) Tunku Dato' Ahmad Burhanuddin Bin Tunku Datu Seri Adnan 5. ) Mohd Jafri Bin Kudus 6. ) Dato' Seri Dr. Vaseehar Hassan Abdul Razack 7. ) Profesor Dr. Raduan Bin Idar 8. ) Idris Bin Abd Hamid 9. ) Mohd Khairil Bin Abidin BUKAN PIHAK-PIHAK 1. ) DATUK MOHD IRWAN BIN MOHD MUBARAK 2. ) DATO' SRI K...
28 October 2025
MYHC
wa-22m-289-12-2021
1. ) MEGAH BERKAT SDN BHD 2. ) CHOK TIN YONG 3. ) CHOK TENG HIAN v MBSB BANK BERHAD
22 June 2025
MYHC
wa-11bm-1-09-2024
NOOR FAREKH BINTI MOHAMED KASSIM v BANK KERJASAMA RAKYAT MALAYSIA BERHAD
12 June 2025
MYHC
wa-22m-1168-09-2024
RHB ISLAMIC BANK BERHAD v 1. ) WL PETROLEUM SDN BHD 2. ) TAN YONG SIA 3. ) NG YEAN KENG
1 May 2025
MYHC
wa-22ncc-163-03-2024
CIMB BANK BERHAD v 1. ) CHAN KIM GOH 2. ) CHAN KUM CHONG
17 September 2024
MYHC
wa-12ancc-23-03-2024
1. ) LKW INDUSTRIAL SDN. BHD. 2. ) LEE KOK WAI 3. ) MOEY MEI YOKE v AMBANK (M) BERHAD
28 July 2024
MYHC
wa-22m-284-11-2021
BANK KERJASAMA RAKYAT MALAYSIA BERHAD v 1. ) SIEMENS MALAYSIA SDN BHD 2. ) SIEMENS AKTIENGESELLSCHAFT
22 October 2023
MYHC
02f-10-2011w
IFTIKAR AHMED KHAN … PERAYU (Sebagai wakil bagi harta pusaka Sardar Mohd Roshan Khan)(Simati) v PERWIRA AFFIN BANK BERHAD … RESPONDEN (Dahulunya dikenali sebagai Perwira Habib Bank Malaysia Berhad)
5 November 2017
MYFC