Malaysia Case Law: Decisions & Judgments | LexChat

Malaysia Case Law

Insurance as security
  • 23 Jan 2026

    PRAKASH A/L RAMALINGAM NUR AMIRAH BINTI ABDULLAH

    Citation
    WA-B52NCC-1770-08/2024 (Mahkamah Sesyen)
    Court
    Sessions Court
    Case number
    WA-B52NCC-1770-08/2024 (Mahkamah Sesyen)

    On the balance of probabilities the plaintiff proved that loans were advanced by documentary bank transfers and the defendant admitted indebtedness in court; the defendant failed to discharge the burden to contradict those facts, therefore judgment is entered for the plaintiff for the adjusted outstanding sum and costs on scale; an insurance policy naming the plaintiff as beneficiary is only a guarantee and does not extinguish the cash debt absent full payment.