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PETALING JAYA (March 30): The launch of the online property auction platform e-Lelong for court auctions will be “realised very soon”, according to the Registrar of the High Court of Malaya Sabariah Othman.
Sabariah told TheEdgeProperty.com that the launch of the e-Lelong system had to be postponed “due to unforeseen circumstances”.
The launch event for the e-Lelong system was initially scheduled for March 29 (yesterday) at the Kuantan Court Complex in Pahang.
“But we have determined that the e-Lelong will be realised very soon after integration with all parties are completed,” she said.
“As of now, the Arahan Amalan 1/2017 will be put on hold,” she added, referring to the practising guidelines on the introduction of the e-Lelong System, and the handling of foreclosure proceedings and public auctions of immovable properties by electronic means (e-Lelong) at the High Court.
In a circular to members of the Malaysian Bar, the office of the Registrar of the High Court of Malaya had issued a copy of the Arahan Amalan 1/2017 (practising guidelines) and stated that the practising guidelines have been in effect since March 15. It also stated that the practising guidelines on public auctions dated April 29, 2014 are still applicable for states that carry out public auctions manually.
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