13 Apr 2023
CIMB BANK BERHAD RODWIN V BAHADUR
- Citation
- WA-22NCC-723-12/2019 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-22NCC-723-12/2019 (Mahkamah Tinggi)
The court held the Plaintiff proved the debt on a balance of probabilities and the relevant loan documents validly authorized default and penalty interest and capitalisation; BNM Fair Treatment Guidelines did not render the contractual terms void or operate retrospectively to void the 2012 agreement; FSA saving provision and established contract law principles preserved enforceability; Defendant failed to rebut the bank's accounts or show manifest error, so judgment entered for Plaintiff.