FEDERAL COURT PUTRAJAYA
AMFRASER SECURITIES PTE LTD – Appellant
Versus
POH GAIK LYE – Respondent
| Table of Content |
|---|
| 1. overview of the bankruptcy notice issuance and background. (Para 2 , 3 , 4 , 5 , 6) |
| 2. judicial reasoning on the requirement of prior leave to execute judgment. (Para 9 , 13 , 14 , 15) |
| 3. court observations on the consequences of the notice being issued without necessary legal prerequisites. (Para 10 , 11 , 12) |
[1] This judgment is prepared pursuant to s 78(1) of the Courts of Judicature Act 1964 , as our learned brother, Justice Apandi Ali FCJ has since resigned, upon his appointment as the Attorney General of Malaysia.
[2] In this appeal, the appellant is the judgment creditor and the respondent is the judgment debtor. This judgment concerns the appeal by the appellant against the decision of the Court of Appeal which overturned the decision of the High Court made on 15 June 2011. In its decision, the High Court reversed the decision of the Senior Assistant Registrar who had set aside the bankruptcy notice upon the application made by the respondent.
[3] The background facts leading to the present appeal are these. On 10 July 1998, the appellant obtained a summary judgment against the respondent in the sum of RM11,482,024.19 with interest at 13% f
United Malayan Banking Corporation Bhd v. Ernest Cheong Yong Yin
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.