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Lawyers Corner, A one-stop centre on lawyers and queries
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hsbc.jason
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Aug 11 2011, 09:39 PM
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New Member
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Hi Dariofoo,
My Bank Panel lawyer told me there is a clause that if one of the borrower unable to attend to sign the perfection of charge for HSBC loan document due to she is in UK. The HSBC bank officer in HQ can sign on her behalf at Borang Gadaian 16A form.
Is it true?
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hsbc.jason
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Aug 12 2011, 10:15 PM
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New Member
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QUOTE(dariofoo @ Aug 12 2011, 01:21 AM) There must be a Power of Attorney duly executed, stamped and registered in the High Court before the holder of the PA can execute docs on behalf of the borrower. Can't just rely on a clause. Surely there's a PA.  So you mean not only HSBC can do that but also PBB, Maybank and other bank can do it as well. Added on August 12, 2011, 10:19 pmAnother question to ask, My father leave me a will stating that the company business own pass to me according to his last will. What if a mistress suddenly claim against she have a share of the company base on proprietary estoppel (Chun v Ho) similiar case. Will the judgement from the judge follow the last will from my father or there is a case for the mistress to claim if she goes to court fighting. This post has been edited by hsbc.jason: Aug 12 2011, 10:19 PM
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hsbc.jason
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Aug 25 2011, 08:56 PM
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New Member
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broken_string: You must tell dariofoo how much discount you ask from the lawyer.
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hsbc.jason
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Oct 26 2011, 10:31 PM
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New Member
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My customer ask me this question....me as banker to my customer.help him ask.
Why the seller suddenly terminate the transaction without paying any compensation to the buyer? Buyer now have to bear all the legal cost and seller use the buyer lawyer.
If all seller suddenly terminate as they like then buyer at disadvantage.
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