Chase Manhattan Bank NA; Wong Tui San and Others v; Re EG Tan & Company (Pte)
Jurisdiction | Malaysia |
Court | High Court (Malaysia) |
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3 cases
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Akai Holdings Ltd (In Liquidation) v Thanakharn Kasikorn Thai Chamkat (Mahachon) Also Known As Kasikornbank Public Co Ltd
...constitute a pledge of the underlying shares. All that is pledged here are pieces of paper: see EG Tan & Cov Chase Manhattan Bank NA[1991] 3 MLJ 301 at p.307 (High Court of However Ma J also held that, that the ‘pledge’ was in truth an equitable mortgage by the depositing of shares, certifi......
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Bank Of China (Hong Kong) Ltd. v Kanishi (Far East) Ltd. And Another
...constitute a pledge of the underlying shares. All that is pledged here are pieces of paper : see EG Tan & Co. v. Chase Manhattan Bank NA [1991] 3 MLJ 301, at p. 307 (High Court of 26. Of course, if the parties truly intended a pledge of pieces of paper, the Court is bound to give effect to ......
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Excel Champ Automobile Sdn. Bhd v Bermaz Motor Trading Sdn. Bhd, 29-03-2019
...of shares on behalf of clients.” (emphasis added); and (b) in Re EG Tan & Co Pte Ltd, Wong Tui San & Ors v Chase Manhattan Bank NA [1991] 3 MLJ 301, at 305, Lai Kew Chai held as follows in the Singapore High Court – “The first question is simply but most importantly in this case one of cons......
1 books & journal articles
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OF PROHIBITIONS ON ASSIGNMENTS, RESTRICTIVE COVENANTS AND NEGATIVE PLEDGES IN COMMERCIAL LAW: CLOGS ON COMMERCE
...n 5 at 430. 17 Supra n 3 at 265. 18 (1828) 3 Russ 1. For this I am indebted to Professor EP Ellinger. See, however, Re EG Tan & Co (Pte)[1991] 3 MLJ 301, which went on appeal as Chase Manhattan Bank NA v Wong[1993] 1 SLR 1, where Lai J thought that a pledge of shares can only take effect as......