PUBLIC BANK BERHAD (COMPANY NO: 6463-H) 1.LH BINTANG DEVELOPMENT SDN. BHD. (COMPANY NO: 56720-T) 2. CITRA TANI SDN BHD (COMPANY NO: 189592-X)

PUBLIC BANK BERHAD (COMPANY NO: 6463-H) 1.LH BINTANG DEVELOPMENT SDN. BHD. (COMPANY NO: 56720-T) 2. CITRA TANI SDN BHD (COMPANY NO: 189592-X)

The register endorsements showing the 'Lot untuk Bumiputera' restriction are conclusive under s89 NLC and, absent compliance with s124(7) to effect an amendment on the register, a 1998 letter does not remove that restriction; therefore the SAR correctly accepted the plaintiff's valuation based on the restriction and...

Source-derived case information.

Citation
JA-38-1251-10/2018 (Mahkamah Tinggi)
Parties
Plaintiff/respondent: Public Bank Berhad; Defendant: LH Bintang Development Sdn. Bhd.; Defendant/appellant: Citra Tani Sdn. Bhd.
Court
High Court
Jurisdiction
Malaysia
Judgment Date
4 November 2019
Case Number
JA-38-1251-10/2018 (Mahkamah Tinggi)
Procedural Posture
Civil Appeal Against SAR Order for Auction Directions / Appeal From Senior Assistant Registrar Order Following Order for Sale
Outcome
Appeal dismissed
Legal Topics
Bumiputera Restriction, Reserve Price Valuation, Auction Directions, Conclusive Register Title
Land Law Civil Procedure Property Law Bumiputera Restriction Reserve Price Valuation Auction Directions Conclusive Register Title

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Parties

Public Bank Berhad

Plaintiff/respondent

LH Bintang Development Sdn. Bhd.

Defendant

Citra Tani Sdn. Bhd.

Defendant/appellant

Procedural Posture

Civil Appeal Against SAR Order for Auction Directions / Appeal From Senior Assistant Registrar Order Following Order for Sale

Legal Issues

  1. 1 Whether the lands are subject to the 'Lot untuk Bumiputera' restriction
  2. 2 Whether a 1998 letter overrides the register endorsement absent formal amendment
  3. 3 Whether the reserve price fixed at MYR195,000 per lot was appropriate

Ratio Decidendi

The register endorsements showing the 'Lot untuk Bumiputera' restriction are conclusive under s89 NLC and, absent compliance with s124(7) to effect an amendment on the register, a 1998 letter does not remove that restriction; therefore the SAR correctly accepted the plaintiff's valuation based on the restriction and fixed the reserve price at MYR195,000 per lot. The appeal against the reserve price is dismissed.

Court Disposition

Appeal dismissed

Orders

  • The SAR's Order for Auction Directions dated 29 July 2019 is upheld
  • Reserve price for each of the four lands fixed at MYR195000