15 Dec 2025
BANK PEMBANGUNAN MALAYSIA BERHAD 1. ) EFOGEN MARINE SDN BHD 2. ) NAZLIN SHAH RANDOLPH BINTI MOHD FAUZI
- Citation
- WA-27NCC-3-01/2025 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-27NCC-3-01/2025 (Mahkamah Tinggi)
The court held that on undisputed documentary evidence the Bank was contractually entitled to apply insurance proceeds to reduce the secured debt; the defendants’ allegations were speculative, contradicted by contemporaneous documents and legal authority, did not raise triable issues under Order 14, and the borrower’s counterclaim was obviously unsustainable and therefore struck out.