“The Company Took the Loan, I’m Just the Guarantor…” — Are You Really Safe?
United Overseas Bank (M) Bhd v Tan Chong Whatt & Anor [2025] 3 MLJ 161 This is something we often hear when signing a loan agreement. At that time, the business is thriving, the bank says it’s just a “standard procedure,” and everything looks neat and under control. So when asked to sign a personal…