30 Mar 2020
UNITED OVERSEAS BANK (MALAYSIA) BHD BASHIR HOLDINGS SDN BHD
- Citation
- WA-24FC-519-05/2019 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-24FC-519-05/2019 (Mahkamah Tinggi)
Plaintiff validly complied with statutory and procedural prerequisites (Section 256 NLC and Order 83 ROC); the Defendant, bound as principal debtor by express terms of the charges, failed to prove any 'cause to the contrary' (service of 16D valid, interest variation lawful and notified, certificate of indebtedness supported by account statements), therefore the High Court must grant the order for sale and costs to the plaintiff.