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2011 MarsdenLR 1679

COURT OF APPEAL PUTRAJAYA
MOHAMED TAWFIK TUN DR ISMAIL – Appellant
Versus
HLG CREDIT SDN BHD & ANOR – Respondent


Petitioner Advocates:Peter Pereira ,Respondent Advocate: Nad Segaram

Table of Content
1. background of bankruptcy proceedings and assignment. (Para 1 , 2 , 3 , 4 , 5 , 6 , 7)
2. dispute over assignment substitution legality. (Para 8 , 9 , 10)
3. jurisdiction issues in bankruptcy matters. (Para 11 , 25)
4. validity of assignments under the law. (Para 12 , 13 , 14 , 15 , 16 , 17 , 18)
5. enforceability of valid assignments in court. (Para 19 , 20 , 21)
6. case law reinforces assignment effectiveness. (Para 22 , 23 , 24)
7. writs of execution vs. bankruptcy notices. (Para 27 , 28 , 29 , 30 , 31 , 32)
8. appellant's claim on creditor qualification dismissed. (Para 33 , 34 , 35 , 36)
9. limitations on interest recovery do not invalidate assignment. (Para 37 , 38 , 39)
Ramly Ali JCA:

[1] The present appeal is against the decision of the learned judicial commissioner dated 5 August 2010 dismissing the appellant's appeal against the decision of the learned Senior Assistant Registrar given on 28 January 2010, dismissing the preliminary objection of the appellant and allowing the respondent's application (vide encl 16) to substitute the 2nd respondent (HLG Capital Market Sdn Bhd) as the judgment creditor in place of the 1st respondent (HLG Credit Sdn Bhd) in the pending

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