28 Feb 2023
THAMEEZ NISHA HASSEEM(sebagai Pentadbir Harta Pusaka Bee Fathima) MALAYAN ALLIED BANK BERHAD
- Citation
- 02(f)-73-09/2019(P) (Mahkamah Persekutuan)
- Court
- f
- Case number
- 02(f)-73-09/2019(P) (Mahkamah Persekutuan)
Section 21(1) Limitation Act 1953 applies to charge actions; the 12‑year limitation period commences from the date of the chargor's default in repayment (not from expiry of the Form 16D remedial period); where the chargee fails to commence enforceable proceedings within that period the chargee's statutory right to obtain an order for sale is barred and s340(4)(b) NLC is engaged so that the chargor may defeat the registered interest and obtain return of the issue document of title and a registrable discharge under s244(1) NLC and Order 83 r1 ROC; declaratory relief is an appropriate remedy in…