31 Mar 2026
STANDARD CHARTERED BANK MALAYSIA BERHAD ALWIN RAJASURYA A/L G ANTHONY
- Citation
- WA-24FC-1531-11/2025 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-24FC-1531-11/2025 (Mahkamah Tinggi)
The Court found the Plaintiff had established the statutory preconditions (valid loan, registered charge, default, service of Form 16D, outstanding indebtedness) and the Defendant failed to establish any legal or evidential basis amounting to "cause to the contrary" under s.256(3) NLC; mere ongoing negotiations do not displace the statutory entitlement, therefore the Plaintiff’s application for an order for sale was allowed and costs awarded.