United Malayan Banking Corporation Bhd V Aluminex M Sdn Bhd 1993 3 Mlj 587

Regular reference is made to the provisions of the companies act 2016 to enable the reader to appreciate the statutory scheme regulating corporations in malaysia.

United malayan banking corporation bhd v aluminex m sdn bhd 1993 3 mlj 587. Presenting the law in a clear and concise style this book facilitates a quick understanding of the new malaysian company law system. In bensa sdn bhd in liquidation v malayan banking bhd anor 1993 1 mlj 119 the high court held that a memorandum of deposit in respect of money in a fixed deposit was a secured debenture as it contained the elements of obligation covenant undertaking or guarantee to pay and it was duly registered as a charge under section 108 3 a of the act. Bandar builder sdn bhd ors v. Aluminex however could readily be distinguished from the present appeal.

United malayan banking corporation bhd 1993 4 clj 7 sc refd chung kuo ping v. The approach adopted by her ladyship followed closely the guidelines set by the supreme court in united malayan banking corporation bhd v. Banking securities for advances charge 1 1404 banking securities for advances floating charges 1 1433 banking securities for advances priorities 1 1520 companies and corporations debenture priorities 3 77. United malayan banking corp bhd v aluminex m sdn bhd anor 1993 3 mlj 587.

Malaysian assurance alliance bhd 2008 3 clj 752 ca refd everise hectares sdn bhd v citibank bhd 2011 2 clj 25 ca refd government of malaysia v. The supreme court in united malayan banking corporation bhd v aluminex m sdn bhd anor held that the constructive notice only applied as to the existence of such prior charge but not the content of it including the restrictive clause.