7 Sept 2022
RHB BANK BERHAD INSTANT ACHIVEMENT SDN BHD .
- Citation
- JA-24FC-1045-12/2021 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- JA-24FC-1045-12/2021 (Mahkamah Tinggi)
The court refused the stay because the Defendant failed to demonstrate special circumstances. The related proceedings and appeal are in personam and do not affect the Plaintiff’s statutory ad rem rights as registered chargee; merits of the appeal are irrelevant to a stay application; therefore the foreclosure proceedings may continue and no stay is justified.