ARAB-MALAYSIAN MERCHANT BANK BHD v. SILVER CONCEPT SDN BHD Summary of Decision 13

 

[2006] 8 CLJ 9   

ARAB-MALAYSIAN MERCHANT BANK BHD v. SILVER CONCEPT SDN BHD
HIGH COURT MALAYA, SHAH ALAM
[ORIGINATING SUMMONS NO: MT1-24-2310-2000]
SURIYADI HALIM OMAR J
30 JUNE 2005
 

ARAB-MALAYSIAN MERCHANT BANK BHD v. SILVER CONCEPT SDN BHD Summary of Decision 13

[26] Typical of cases of this nature, the defendant here has ventilated that the impugned contracts cannot be enforced on several grounds, inter alia it being tainted by interest or riba. It canvassed that this originating summons must fail as there exists issues or facts that may be construed as “causes to the contrary.” The burden is on the defence to show that “cause to the contrary”, and invariably discharged by filing the relevant affidavits. Needless to say, if the defendant can successfully establish that there exists fatal procedural defects, deceit, bribery, un-Islamic practices in the like of usury, amongst others, having tainted the transaction then the originating summons must fail. The plaintiffs application is under s. 256 and 257 of the National Land Code, which respectively read:

Typical Biasa, lazim
ventilated Meyatakan pendapat
Impugned contracts Perjanjian yang dikritik/diragui
enforced dikuatkuasakan
several beberapa
grounds Sebab-sebab
inter alia Antara lain
tainted Telah dicemari/dinodai
canvassed mencadangkan
invariably Selalu/sentiasa
discharged dilangsaikan
Establish that Mendapatkan bukti/membuktikan
fatal procedural defects Kesalahan/kecacatan dalam prosedur yang menggagalkan dan memusnahkan sesuatu usaha tersebut
deceit Penipuan, tipu daya
bribery rasuah
originating summons Saman pemula
This entry was posted in Al-Bai Bithaman Ajil facility, Case Law, Islamic Banking, Shariah and tagged . Bookmark the permalink.