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The High Court in Malaysia has set October 23 as the date for a ruling on a shipping company's attempt to halt RHB Bank Berhad from shutting down two of its longstanding accounts. Acting for the shipping firm, P. Taneswaran argued that the bank failed to prove any breach of terms or conditions by Maritime Network that would warrant the closure of its accounts.

Taneswaran further asserted that the bank owed the shipping company both a fiduciary duty and a duty of care. The bank's counsel, Gan Khong Aik, countered that no fiduciary relationship or duty of care existed between the bank and the shipping company, contending that the relationship between a bank and its customer is that of debtor and creditor.

The shipping company had maintained accounts with RHB since 2005, including a multi-currency account and a current account. On October 6, 2025, RHB notified the company of its intent to close both accounts and terminate all related services within 14 days, citing alleged breaches of internal policies and guidelines. The company claimed that RHB had not specified which policies or guidelines were allegedly breached.

An ongoing dispute over the accounts led to the dismissal of the company's pre-trial discovery application by the High Court on July 2, 2025. The company appealed to the Court of Appeal, which ordered RHB to provide its Minimum Due Diligence guidelines for foreign-exchange transactions within 45 days. Maritime Network also alleged that the bank's vague allegations placed it in a position of uncertainty, violating its legitimate banking interests.