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Redemption Statement

On 26.2.2020, Bank Negara has issued a policy document sets out the requirements for financial service providers (FSPs) to expedite the issuance of the redemption statement for housing loan/home financing and the release of the original title of immovable property via work process improvement. The policy named “Issuance of Redemption Statement and Release of Original Title of Immovable Property” was issued by Bank Negara Malaysia.

Legal action

When you bring a legal action against your opponent and you succeeded in the suit, can you ask your opponent to pay your legal fees? 

  1. It is a common question asked by most of our clients, can they recover the “lawyer’s fees” from the opponent. The answer is NO
  1. The costs awarded by the Court is only a party-and-party costs and not solicitors-and-client costs. 
Writting will

 

What is a will?

A document to declare your wishes in writing for your beneficiaries, especially on how to distribute your assets (house, cash, bank balances, shares, car, jewelry, your personal belongings).

1st Prosecution under the new Section 17A of the Malaysian Anti-Corruption Commission Act 2009 (MACC Act) on 18.3.2021

 

Since Section 17A of the MACC Act came into force on 1.6.2020, the Malaysian Anti-Corruption Commission (MACC) had, on 18.3.2021, charged Pristine Offshore Sdn Bhd at the Sessions Court with offering a bribe amounting to RM321,350.00 to secure a sub-contract from Petronas Carigali Sdn Bhd. The said bribe was allegedly committed between 29.6.2020 and 14.10.2020 in Kinrara Niaga 3, Puchong.