30 Mar 2020
PEMUNYA KAPAL ATAU VESEL "SHI PU 1" [DAHULUNYA DIKENALI SEBAGAI "JING HUI 2"] PEMUNYA KAPAL ATAU VESEL "WINNING LOYALTY"
- Citation
- WA-27NCC-88-11/2019 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-27NCC-88-11/2019 (Mahkamah Tinggi)
Application for appraisement and sale pendente lite is allowed because the defendant failed to provide alternative security, the vessel is deteriorating and incurring mounting maintenance and Sheriff costs that will diminish the plaintiff's security, and the application was not premature; sale by private treaty in the first instance by the Sheriff is a permissible form of judicial sale.