JUDGMENT

Suriyadi Halim Omar J:

The 1st and the 2nd plaintiffs are the current directors of EMAR Sdn. Bhd., the 3rd plaintiff. The 3rd plaintiff which is involved in the development of a housing estate known as Taman Maju Jasin had obtained financial assistance from Perwira Habib Bank Berhad. Securities in the form of debentures were also given. Due to some financial problems the defendants were appointed as receivers and managers on 15 June 1987, managing the business of the company from the date of their appointment (hereinafter referred collectively either as 'the defendants' or 'just the receiver' (singular)). The plaintiffs later wrote to the bank with the intention of finding out the current position of the company's account but unfortunately received no response. To cut the matter short, the plaintiffs initiated this litigation, praying inter alia that monies received by the defendants as agents of EMAR Sdn. Bhd. be paid to the latter and that accounts be supplied to the plaintiffs.

On 4 April 1997 the Senior Assistant Registrar heard Encl. 46, a summonsin-chambers application by the defendants for an order under O. 18 r. 19 of the Rules of the High Court 1980. The applicat