12 Nov 2021
OCBC BANK (MALAYSIA) BERHAD (No. Syarikat : 199401009721 / 295400 – W) PROLINK MARKETING SDN BHD (No. Syarikat : 199801013969 / 470098 – U)
- Citation
- BA-24FC-566-10/2020 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- BA-24FC-566-10/2020 (Mahkamah Tinggi)
Defendant failed to demonstrate special circumstances to justify a stay; the Plaintiff as chargee is entitled to enforce the Order for Sale under s256 NLC; an in personam judgment and allegations in the Civil Suit do not defeat the Plaintiff's ad rem rights and the charge clause disallows set-off; therefore stay was refused and enforcement may proceed.