LIM CHEE HOLDINGS SON BHD V RHB BANK BERHAD
- Citation
- LIM CHEE HOLDINGS SON BHD V RHB BANK BERHAD
- Court
- Malaysian court
Plaintiff's claims were dismissed because the plaintiff breached fundamental contractual terms by failing to deposit all sale proceeds into the designated PAS/TPPT accounts, thereby defeating the monitoring/payment mechanism; HRM and PM were independent professionals so their acts could not be imputed to the bank; delays alleged were not proved to be due to the bank after certification; negligence claim failed for lack of established duty of care; defendant's counter-claims for outstanding loan sums were proven and allowed.