Bank Kerjasama Rakyat Malaysia Berhad v Pertama Perdagangan Sdn Bhd & Ors
The Plaintiff, Bank Kerjasama Rakyat Malaysia Berhad, filed a civil suit against the Defendants for defaulting on a restructured loan of RM19 million. A Consent Judgment was entered in 2012, but the Defendants failed to comply. The Plaintiff sought leave to issue a writ of execution after the 6-year enforcement period lapsed. The High Court allowed the Plaintiff's appeal, finding sufficient reasons for the delay in enforcement.
Overview
Case Number
22A-566-2011
Case Type
Civil - Loan default
Court
High Court of Malaya, Kuala Lumpur
Coram Judge
- Mohd Radzi Bin HarunDelivered Judgment
Subject Matter
loan defaultenforcement of judgment