MODALKU VENTURES SDN BHD JIT HOE RESOURCES SDN BHD (dahulunya yang dikenali sebagai Jit Hoe Hardward Sdn Bhd)

MODALKU VENTURES SDN BHD JIT HOE RESOURCES SDN BHD (dahulunya yang dikenali sebagai Jit Hoe Hardward Sdn Bhd)

The Plaintiff proved a valid absolute assignment in writing with notice to the Defendant; the Defendant’s own admissions and conduct (acknowledgement of the Notice, payments to the Plaintiff, email confirmation) contradict allegations of fraud and show the assignment covered future debts; those allegations are bare, inconsistent with contemporaneous documents and not triable, therefore summary judgment under Order 14 was appropriate.

Citation
WA-22NCC-132-03/2021 (Mahkamah Tinggi)
Parties
Plaintiff: MODALKU VENTURES SDN BHD; Defendant: JIT HOE RESOURCES SDN BHD
Court
High Court
Jurisdiction
Malaysia
Judgment Date
10 December 2021
Case Number
WA-22NCC-132-03/2021 (Mahkamah Tinggi)
Procedural Posture
Commercial Division Summary Judgment Under Order 14 / Post Hearing Judgment (summary Judgment Granted)
Outcome
Enclosure 11 allowed; summary judgment granted in favour of the Plaintiff against the Defendant
Legal Topics
Notice of Assignment, Summary Judgment, Section 4(3) Civil Law Act 1956, Triable Issues, Estoppel
Source Language
Malay/English
Contract Assignment of Receivables Civil Procedure Fraud Debt Recovery Notice of Assignment Summary Judgment Section 4(3) Civil Law Act 1956 +2 more

Case Brief

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Full judgment text Downloadable case file Legal principles 5 Authorities cited 16 Party arguments 2 Amounts and remedies 4
Sign in to unlock

Parties

MODALKU VENTURES SDN BHD

Plaintiff

JIT HOE RESOURCES SDN BHD

Defendant

Procedural Posture

Commercial Division Summary Judgment Under Order 14 / Post Hearing Judgment (summary Judgment Granted)

Legal Issues

  1. 1 Whether a valid absolute assignment existed and complied with s.4(3) Civil Law Act 1956 and whether it covered future debts
  2. 2 Whether the Defendant’s allegation of fraud created triable issues sufficient to defeat a summary judgment under Order 14

Ratio Decidendi

The Plaintiff proved a valid absolute assignment in writing with notice to the Defendant; the Defendant’s own admissions and conduct (acknowledgement of the Notice, payments to the Plaintiff, email confirmation) contradict allegations of fraud and show the assignment covered future debts; those allegations are bare, inconsistent with contemporaneous documents and not triable, therefore summary judgment under Order 14 was appropriate.

Court Disposition

Enclosure 11 allowed; summary judgment granted in favour of the Plaintiff against the Defendant

Orders

  • Enclosure 11 allowed
  • Summary judgment granted for Plaintiff against Defendant