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Court of Appeal: Mayban Trustees Berhad v CIMB Bank Berhad and 3 Other Actions
Bonds - Issuance of Bonds – Failure to redeem bonds – Bondholders suing Bond Issuer for payment – Bondholders suing bond lead arranger for breach of contractual and statutory duties and negligence – Bondholders suing bond trustee for breach of trust, contract and negligence – Bondholders suing majority shareholders of Bond Issuer for indemnity and general damages

Commercial law – Contract – Construction of contracts – Construction of exclusion clauses

Trust – Constructive trust
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Source : MLTIC News Service
Date of  Judgment : Tuesday, 08 November 2011
Original Title : Mayban Trustees Berhad v CIMB Bank Berhad and 3 Other Actions
Suit No : Civil Appeal No.s W-02-2143-2010; W-02-2151-2010; W-02-2152-2010 and W-02-2187-2010
Court : Court of Appeal
Quorum : Jeffrey Tan, Azahar Mohamed and Aziah Ali JJCA (judgment of the court delivered by Jeffrey Tan JCA)
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