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didaftarkan: Lien
Unregistered secured transaction by way of
deposit of IDT /duplicate lease to lender
which is noted on the register with a lien-
holder’s caveat.
s.281(1b)
Entry of the lien-holder’s caveat entitled the
caveator (lender with custody of the IDT) lien
over the land or lease
The lien holder obtains judgment debt order:
applies to Court for OFS
s.281(3)
Application according to civil procedure rules
Order 83
S.257-259 and s.266-269 applies mutatis
mutandis
As chargee applies under s.256
Lien holder produces the IDT at Registry
/Land Office upon written request of
proprietor or lessee within a reasonable
period for any purpose its required under the
NLC
s.281(5)
Costs incurred by lien-holder to comply with
the request is payable by the proprietor
/lessee on demand.
The provisions of sub-sections (20-(5) applies
to all liens whether created before or after
the commencement of the NLC.
Grant
13272
Pemohon: R kehilangan liennya kerana serah pd
Pejabat Pendaftar.
M:
The lien may not be lost where the possession is
no longer retained, in cases where some
intention other than of giving up the lien . . .
property delivered to the owner for some
particular purpose on an undertaking by the
owner that he will return it.
Jelas niat R menyerahkan IDT untuk
membolehkan Pendaftar melaksanakan
pecahbahagi and tiada petunjuk bahawa tindakan
tersebut R telah menghilangkan lien tersebut.
IN this case the caveat is still in force and the
fact that the Resp is no longer in physica;
possession of part of the title for the land over
which the lien is created is not, under the
circumstances in which the Resp lost possession
of the title, evidence that lien has ceased to
exist.
In my opinion therefore the lien created under
the provisions of s.134 of the Land Code is not
necessarily destroyed when the lien-holder
loses possession of the title nor do I think that
the circumstances under which that possession
was lost prove an intention on the part of the
Respondent to abandon his lien.
Per Hereford J
1. Deposit IDT/pajakan pendua kepada
pemiutang sebagai sekuriti pinjaman
Isu Rayuan:
Cagaran tidak berkuatkuasa maka lien juga
tidak berkuatkuasa.
Lien tidak memenuhi UU kerana tiada niat
untuk mewujudkan lien s.134 Land Code.
Kaveat yang dimasukkan tidak
menyatakan keadaaan kepentingan tanah
yang dikaveatkan – s.167
Diputuskan
KTN jelas cagaran BERBEZA dpd lien.
Lien adalah lien statutori, wujud secara bebas dpd cagaran. Jika
cagaran tidak diwujudkan kerana tidak menepati UU, lien tidak
‘dilepaskan’ (avoided)
asalkan ianya menepati UU.