PEMIUTANG PENGHAKIMAN CIMB BANK BERHAD PENGHUTANG PENGHAKIMAN Anuar Bin Ahmad

PEMIUTANG PENGHAKIMAN CIMB BANK BERHAD PENGHUTANG PENGHAKIMAN Anuar Bin Ahmad

The appeal fails because the judgment against multiple guarantors imposed joint and several liability permitting the creditor to pursue JD alone for the full judgment sum; the amounts stated in the BN and Amended CP were accurate when filed; dividends paid by the Insolvency Department after filing do not invalidate the petition so long as the remaining debt exceeds the statutory threshold and reductions will be addressed in proof of debt proceedings; JD failed to establish counterclaim/set‑off or other grounds to go behind the judgment, therefore the SAR's decision to allow proceedings stands.

Citation
PA-29NCC-98-03/2021 (Mahkamah Tinggi)
Parties
Judgment Creditor: CIMB Bank Berhad; Judgment Debtor: Anuar bin Ahmad
Court
High Court
Jurisdiction
Malaysia
Judgment Date
25 March 2024
Case Number
PA-29NCC-98-03/2021 (Mahkamah Tinggi)
Procedural Posture
Bankruptcy Appeal / Appeal to High Court Judge in Chambers From Senior Assistant Registrar Decision
Outcome
Appeal dismissed; decision of Senior Assistant Registrar upheld and affirmed
Legal Topics
Bankruptcy Notice, Creditor's Petition, Joint and Several Liability, Proof of Debt and Dividends, Set Aside Application, Act of Bankruptcy
Source Language
Malay/English

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Parties

CIMB Bank Berhad

Judgment Creditor

Anuar bin Ahmad

Judgment Debtor

Procedural Posture

Bankruptcy Appeal / Appeal to High Court Judge in Chambers From Senior Assistant Registrar Decision

  1. 1 Whether judgment debtor is only guarantor or jointly and severally liable
  2. 2 Whether post‑filing dividends paid by Insolvency Department render Bankruptcy Notice and Creditor's Petition inaccurate and require setting aside
  3. 3 Whether there was abuse of court process

Ratio Decidendi

The appeal fails because the judgment against multiple guarantors imposed joint and several liability permitting the creditor to pursue JD alone for the full judgment sum; the amounts stated in the BN and Amended CP were accurate when filed; dividends paid by the Insolvency Department after filing do not invalidate the petition so long as the remaining debt exceeds the statutory threshold and reductions will be addressed in proof of debt proceedings; JD failed to establish counterclaim/set‑off or other grounds to go behind the judgment, therefore the SAR's decision to allow proceedings stands.

Court Disposition

Appeal dismissed; decision of Senior Assistant Registrar upheld and affirmed

Orders

  • Appeal dismissed
  • Decision of the Senior Assistant Registrar dated 22.12.2023 upheld and affirmed