Posts Tagged ‘ Malaysian Limitation Act 1953 ’

Is your Performance Bond portfolio measuring up to a Judicial’s under-cut swing?

March 24, 2010
By malaysiainsurance
Is your Performance Bond portfolio measuring up to a Judicial’s under-cut swing?

Judges are people who can make or break an organisation or perhaps make some scurrying for a solution….  Sometimes they manufacture decisions that are so damned structural but yet defying the layman simplicities,ie. a straightforward interpretation of sentences and words. A case in point would be MBF Insuran vs FELCRA (2007). At the Court...
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Posted in Insurance Coverage, Insurance Practices, Statutory | 8 Comments »

Amendment to Malaysia Limitation Act 1953 – (1) Getting some terms correct…in proposed S24A

July 17, 2009
By malaysiainsurance
Amendment to Malaysia Limitation Act 1953 – (1) Getting some terms correct…in proposed S24A

Click On Proposed s24A, B, C Limitation Act Taking from where I left off the last time on 11th June and before the whole episode drifted out from my mind, here are some real concerns in respect of the proposed amendment – insertion of S24A (1), (2), (3), (4) (5) and (6), S24B (1), (2) and (3), and...
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Posted in Insurance Practices, Statutory | 4 Comments »

Limitation Act – Proposed amendment in respect of latent injury and damages

June 11, 2009
By malaysiainsurance

The Attorney General Chamber had recently called for a meeting of the minds in regards a proposal to extend the timeline for bringing an action that involves latent injury or damages arising from negligence, nuisance or breach of duty. This shall include any breach of duty that exist by virtue of a contract or of a provision made by or under...
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Posted in Insurance Practices | No Comments »

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