Malayan Banking Berhad v Q Development Sdn Bhd & Ors

The High Court of Malaya at Kuala Lumpur granted summary judgment to Malayan Banking Berhad (Plaintiff) against Q Development Sdn Bhd (1st Defendant) and its guarantors (2nd to 4th Defendants) for outstanding sums under banking facilities. The Defendants contended that challenges to land charges rendered the facilities void, but the court found no bona fide issues to warrant a trial. The court held that the Plaintiff had validly registered the land charges and that the Defendants' default was clear. The Plaintiff was awarded RM66,312,236.05 as of 30.9.2023, with costs fixed at RM10,000.00.