16 Jan 2023
SUPREME PRIORITY SDN BHD OCBC BANK (MALAYSIA) BERHAD
- Citation
- JB-22NCC-4-04/2022 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- JB-22NCC-4-04/2022 (Mahkamah Tinggi)
The plaintiff’s pleadings disclosed no triable cause of action because the defendant validly exercised contractual rights to review and recall facilities under the loan terms, the plaintiff failed to satisfy express pre-conditions and covenants, and voluntarily refinanced (estopping the plaintiff); legitimate expectation did not arise on these facts; therefore the claim was properly struck out under Order 18 r.19.