6 Jul 2021
ICON VENTURE CAPITAL SDN BHD GERALD ANTHONY GREENALL
- Citation
- WA-24FC-1152-12/2020 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-24FC-1152-12/2020 (Mahkamah Tinggi)
The standing instruction was not part of the loan agreement and the plaintiff was not privy to it; the defendant was in arrears (RM1,210,475.27 as at 6/7/2021); consequently the defendant failed to establish any cause to the contrary under section 256(3) NLC and the court granted the plaintiff's application for an order of sale by auction.