PERSEPKTIF MASA SDN BHD vs SABAH DEVELOPMENT BANK BERHAD

Judicial Analysis Court Copy Headnote Facts Arguments Court observation

2024 MarsdenLR 1046

COURT OF APPEAL PUTRAJAYA
AZMI ARIFFIN, JCA
PERSEPKTIF MASA SDN BHD – Appellant
Versus
SABAH DEVELOPMENT BANK BERHAD – Respondent

Petitioner Advocates:Hj Kamaruzaman M Arif,Zamani Ibrahim,Sofiah Omar,Siti Nabila Huda Jasmani ,Respondent Advocate: Marianne Loh Suet May,Jay Koh Mui Woon

Table of Content
1. plaintiff is the developer (Para 3 , 4 , 5)
2. defendant provided credit facilities (Para 6)
3. plaintiff executed documents (Para 7 , 8 , 9 , 10 , 11 , 12)
4. defendant paid the bank guarantee (Para 13 , 14)
5. plaintiff received letter of demands (Para 15 , 16 , 17 , 18 , 19 , 29 , 30)
6. plaintiff commenced legal proceedings (Para 20 , 21 , 22 , 23 , 24 , 25 , 26 , 27 , 28)
7. plaintiff's contention for injunction (Para 31)
8. court's decision on serious issue (Para 32 , 34 , 35 , 36 , 37 , 38 , 39 , 40 , 41 , 42 , 43 , 44 , 45 , 46 , 47)
9. court's ruling on bank's duty (Para 33)
10. appeal dismissed (Para 48 , 49)

JUDGMENT

Azmi Ariffin JCA:

Introduction

[1] Enclosure 53 dated 1 April 2024 is the Appellant / Plaintiff Notice of Appeal to this Honourable Court against the Shah Alam High Court decision delivered on 26 March 2024 in dismissing the Appellant's injunction application (Enclosure 3) to restrain the Respondent / Defendant from enforcing the loan and security documents against the Appellant following its default, with costs of RM5,000.00 subject to allocator.

[2] For convenience, we will refer the Appellant as the Plaintiff and the Respondent as the Defendant.

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2024 MarsdenLR 1046

COURT OF APPEAL PUTRAJAYAAZMI ARIFFIN, JCAPERSEPKTIF MASA SDN BHD – AppellantVersusSABAH DEVELOPMENT BANK BERHAD – Respondent

Cases Referred (3)

COURT OF APPEAL PUTRAJAYA
AZMI ARIFFIN, JCA
PERSEPKTIF MASA SDN BHD – Appellant
Versus
SABAH DEVELOPMENT BANK BERHAD – Respondent