Writ Of Seizure And Sale Malaysia
Iii this process will be carried out through an auction of the seized items.
Writ of seizure and sale malaysia. Writ of seizure and sale form 78 is valid 12 months beginning date of issue. May be extended for another 12 months if not wholly executed and application must be made before the writ expire. Writ of seizure and sale can also be enforced against the judgment debtor s properties in his or her own residence. I this application is applicable to movable properties.
A wss is one of the options available for the enforcement of a judgment or order. Writ of seizure and sale according to o. Ii the court will command the sheriff or bailiff to seize and sell of the property of the judgment debtor to satisfy the judgment sum due. What is a writ of seizure and sale wss.
The writ is a direction to the sheriff to seize in execution the movable properties of the judgment debtor within malaysia as may be sufficient to satisfy the amount of the judgment debt interest and the costs of the execution. This enforcement application in which is applicable to immovable and movable property will command the court sheriff bailiff to seize and sell off the property of the debtor to satisfy the judgment sum due. What is a writ of seizure and sale wss. Once an order for a writ of seizure and.
Writ of seizure and sale delivered to bailiff and endorsed by bailiff the day hour and minute of delivery. Time and date of execution fixed. A writ of seizure and sale is an option to consider if you know that the judgment debtor owns valuable property that can be sold and the proceeds used to pay the debt owed by the judgment debtor. The writ of seizure and sale wss is what we regard as the most effective mode for the enforcement of a money judgment.
Writ seizure and sale. Writ of seizure and sale. Under a wss you judgment creditor can request the court to seize and sell movable property belonging to the other party judgment debtor to pay the judgment debt. 45 r 12 1 the writ must be in the form prescribed namely form 84 or 85.
It may be enforced against both movable and immovable property as well as against the securities. Under a wss the judgment creditor can request the court who then authorises the bailiff to seize property belonging to the judgment debtor to pay the judgment debt. The provision for writ of seizure and sale can be found in order 45 rule 12 of the rules of court 2012 8. The writ is a direction to the sheriff to seize in execution the movable properties of the judgment debtor within malaysia as may be sufficient to read more.
A writ of seizure and sale wss is one of the options available for enforcement of court judgments.