HIGH COURT MALAYA KUALA LUMPUR
BANK ISLAM MALAYSIA BERHAD – Appellant
Versus
DATO ABU TALIB MOHAMED – Respondent
| Table of Content |
|---|
| 1. overview of foreclosure order issuance. (Para 1 , 2 , 3 , 4 , 5) |
| 2. procedural compliance is key in enforcement. (Para 6) |
| 3. plaintiff's compliance with statutory notice requirements. (Para 7 , 8 , 9 , 10 , 11) |
| 4. defendant's objections lack merit. (Para 13 , 14 , 15 , 16) |
| 5. court affirmed statutory compliance. (Para 20 , 21 , 22) |
[1] In this foreclosure proceedings, an Order for Sale was granted by this court on 31 July 2018 pursuant to s 256 of the National Land Code read with O 83 Rules of 2012 (RoC 2012) in respect of a legal charge created by the Defendant over a land held under No Hakmilik 1017, Lot 268, Presint 8, Bandar Putrajaya, Daerah Putrajaya, Negeri Wilayah Persekutuan Putrajaya (Charged Property). Aggrieved with the said order the Defendant appealed.
Background Facts
[2] Upon PFC Engineering Sdn Bhd.'s application the Plaintiff had, via Letter of Offer dated 12 July 2017 (Exhibit BIMB-1 of encl 2) granted to PFC Engineering Sdn Bhd (the Customer) a facility amounting to RM 68,000,000.00 (the Facility). Pursuant thereto the Plaintiff and the Defendant executed the Supplemental Tawarruq Facility Agreement dated 24 August 2017.
[3] As security for the Faci
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