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DEBT RECOVERY IN MALAYSIA

INTRODUCTION Debt recovery is when one (Creditor) takes legal action to recover outstanding debts from individuals, enterprises, or other companies (Debtor) once there has been a breach in the terms of a contract or a refusal or delay on the debtor’s part in payment of the outstanding debts. Any action for debt recovery will include […]

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CASE UPDATE – ANG MING LEE and BLUDREAM CITY DEVELOPMENT SDN BHD

ANG MING LEE 7 ORS V MENTERI KESEJAHTERAAN BANDAR, PERUMAHAN DAN KERAJAAN AND OTHER APPEALS [2020] 1 CLJ 162, FEDERAL COURT Background facts The Developer, BHL Construction Sdn. Bhd. entered into a Sale and Purchase Agreement (“SPA”) with the Purchasers for the sale and purchase of Sri Istana Condominium units. The SPA was made pursuant

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Federal Court sets aside arbitration award for breach of natural justice

Master Mulia Sdn Bhd v Sigur Rus Sdn Bhd [2020] 9 CLJ 213; [2020] 12 MLJ 198 Summary In Malaysia, Section 37 of the Arbitration Act 2005 (“AA 2005”) sets out the instances in which an arbitration award may be set aside. In this case, the Federal Court considered the circumstances in which it will

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