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2013 MarsdenLR 937

HIGH COURT MALAYA PULAU PINANG
CONSOLIDATED CREDIT CO SDN BHD – Appellant
Versus
GLADYS LOH & ORS AND ANOTHER SUIT – Respondent


Table of Content
1. statutory rights and equitable interests. (Para 1)
2. parties involved in proceedings and property details. (Para 2 , 4 , 5)
3. dispute over property ownership and agreements. (Para 3 , 11 , 12)
4. court's refusal to apply ng hee thoong principle. (Para 6 , 9 , 10)
5. issues concerning lien holder's caveat. (Para 14 , 15)
6. issues framed by parties. (Para 26)
7. legal implications of lien holder's caveat. (Para 99 , 100 , 101)
8. priority of equitable interests and inaction. (Para 112 , 130)
S Nantha Balan JC:

Introduction

[1] This case raises several issues pertaining to, inter alia, statutory rights and interest as may arise under the National Land Code (the NLC ) and equitable interests over land:

(a) specifically, the issues pertain to the creation of a statutory lien and/or a lien in equity and whether a lien in equity may exist alongside and with priority over any statutory right or interest that may be acquired under the NLC or any other equitable right or interest;

(b) next, the case examines the rule relating to priority of interest ie that in equity, all things being equal, the first in time prevails and whether priority of any equitable interests may be lost or f

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