Pengurusan Danaharta Nasional Berhad Act 1998 · Updated to 1 Feb 2013 · Part V · Acquisition and Disposition by the Corporation
Pengurusan Danaharta Nasional Berhad Act 1998 · Updated to 1 Feb 2013 · Part V · Acquisition and Disposition by the Corporation
Official textFrom Laws of Malaysia Online, unchanged
A person who is precluded from making a claim against the
Corporation or is precluded from raising a defence against the
Corporation under section 14, shall be entitled to seek compensation against the seller in respect of such claim.
Where the Court is satisfied that the person referred to in subsection (1) has a claim against the seller including any prior equitable interest in the asset which that person could have raised or claimed but is precluded by section 14, that person shall be entitled to such compensation from the seller in respect of such claim as the
asset
“asset” includes any credit facility, property and business or enterprise of any kind;
Court considers fair and reasonable.
asset
“asset” includes any credit facility, property and business or enterprise of any kind;
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