COUNSEL & SOLICITOR:
For the defendants – CC Low; M/s Lim Kian Leong & Co
High Court
COMPANY LAW: Receivership – Duties of receiver – Whether owes duty of care to borrower/guarantor – Whether has duty to reduce sums/interests due to bank – Whether has duty to collect debts due to borrower – Whether has duty to account to borrower for all rentals and receivables – Equitable duty to act in good faith as opposed to duty of care in negligence
CIVIL PROCEDURE: Third party proceedings – Cause of action – Whether necessary – Whether defendant must issue third party notice containing statement of claim – Rules of the High Court 1980, O. 18 r. 1(1)