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2023 MarsdenLR 2120

COURT OF APPEAL PUTRAJAYA
RHB BANK BERHAD – Appellant
Versus
PLB LAND SDN BHD – Respondent


Petitioner Advocates:Lim Poh Leong,Lean Jie ,Respondent Advocate: Vaasudevan Puspagaran

Table of Content
1. competing interests over abandoned property. (Para 1 , 2 , 3 , 4 , 5 , 6 , 7 , 8 , 9)
2. dismissal of rhb's originating summon. (Para 10 , 11)
3. privity of contract and beneficial interest. (Para 12 , 13 , 14 , 15 , 16 , 17 , 18 , 19 , 20 , 21 , 22 , 23)
4. doctrine of laches and inaction. (Para 24 , 25 , 26 , 27 , 28 , 29 , 30 , 31 , 32 , 33 , 34 , 35 , 36 , 37)
5. accrual of cause of action and limitation. (Para 38 , 39 , 40 , 41 , 42 , 43 , 44 , 45 , 46 , 47 , 48)
6. final decision on appeal. (Para 49)
7. error in judgment but correct outcome. (Para 50 , 51 , 52)
Azimah Omar JCA:

A. Background Facts

[1] The Appeal before us is a case of competing legal interest over a property between a white knight company, PLB Land Sdn Bhd ("PLB") who circa 2014 had purchased an entire abandoned property development project (subject property included) from a Developer in liquidation, Majestic Heights Sdn Bhd ("MHSB") and a financier cum Assignee, RHB Bank Berhad ("RHB/Appellant") who was assigned the rights over the subject property circa 1998 by the subject property's purchaser, one Tong Ah Ee ("TAE") and in 2018 the Appellant subsequently sold the subject property by way of a

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