Bank Bumiputra Malaysia Bhd & Anor v Lorrain Osman & Ors [1985] 2 Mlj 236

June 6, 2018 | Author: sitifatimahabdulwahid | Category: Injunction, Virtue, Politics, Government, Common Law
Share Embed Donate


Short Description

mareva injunctions...

Description

BANK BUMIPUTRA MALAYSIA BHD & ANOR V LORRAIN OSMAN & ORS [1985] 2 MLJ 236



Print document

FACTS & COURT DECISION In order to print this document from Scribd, you'll first need to download it. Cancel

 The frst plainti is a company incorporated in Malaysia.  The second plainti is subsidiary o the frst plainti.





Download And Print

 The Deendant, Lorrain Osman was the Director o the frst plainti company and the Chairman o oard o Directors o the second plainti. •

Print document



In order to print this document from Scribd, you'll first need to download it.

Download And  The plaintis Cancel brou!ht anPrint action a!ainst the deendant on the alle!ation that the deendant had breach his fduciary duty a!ainst the company and had made secret profts and to return the monies to the company.  The plaintis also ma"e an application o Mare#a in$unction to restrain the deendant rom transerrin! the assets out o $urisdiction, and to disclose the #alue, nature and whereabouts o his assets.





Print document



LEAL ISSUES In order to print this document from Scribd, you'll first need to download it. Cancel



Download And Print

%hether the Mare#a &n$unction Order should be !ranted .

Print document



ROUNDS OF JUDMENT In order to print this document from Scribd, you'll first need to download it. Cancel

Download And Print

 The court in this case considered three re'uirements in respect o !rantin! Mare#a &n$unction.



(irst, the plaintis must show that they ha#e !ood ar!uable case) second, the plaintis must produce e#idence that the deendant has assets within $urisdiction and  Third, there is a ris" o the assets bein! remo#ed beore the $ud!ment is







%*+T*+Print T*+ -L&/T&((0 *1+  document 2OOD 23L+ C0+ 2&/0T T*+ D+(+/D/T 

In order to print this document from Scribd, you'll first need to download it. Cancel

Download And Print

 The plaintis contended that Lorrain had embar"ed on a deliberate course o conduct, which had put his personal interests as a benefciary o the personal loan and this was in direct con4ict with his pre5e6istin! and continuin! duty as a director o the an" and Chairman o M(.



Print document In order to print this document from Scribd, you'll first need to download it. Cancel

Download And Print

You're Reading a Preview Unlock full access with a free trial.

Download With Free Trial



Print document In order to print this document from Scribd, you'll first need to download it. Cancel

Download And Print

You're Reading a Preview Unlock full access with a free trial.

Download With Free Trial



Print document In order to print this document from Scribd, you'll first need to download it. Cancel

Download And Print

You're Reading a Preview Unlock full access with a free trial.

Download With Free Trial



Print document In order to print this document from Scribd, you'll first need to download it. Cancel

Download And Print

You're Reading a Preview Unlock full access with a free trial.

Download With Free Trial



View more...

Comments

Copyright ©2017 KUPDF Inc.
SUPPORT KUPDF