Lee Swee Lee Voon Mei Lan

Lee Swee Lee Voon Mei Lan

The trust deed and purchase agreement are clear and contemporaneous, establishing the defendant as trustee and the plaintiff as beneficial owner; the plaintiff's short delay in seeking performance was excused because the defendant did not notify or act to enforce the forfeiture clause, and the court may grant relief and order the trustee to execute transfer or issue necessary directions under Trustees Act ss 59 and 60; therefore the plaintiff's claims succeed.

Citation
WA-24NCVC-1807-08/2019 (Mahkamah Tinggi)
Parties
Plaintiff: LEE SWEE LEE; Defendant: VOON MEI LAN
Court
High Court
Jurisdiction
Malaysia
Judgment Date
16 April 2020
Case Number
WA-24NCVC-1807-08/2019 (Mahkamah Tinggi)
Procedural Posture
Civil (trust/property) / Judgment (trial)
Outcome
Plaintiff's claim (Kandungan 1) allowed
Legal Topics
Declaration, Specific Performance, Beneficial Ownership, Trust Deed Interpretation, Trustees Powers (s59, S60), Limitation/delay, Abuse of Process
Source Language
Malay/English

Case Brief

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Parties

LEE SWEE LEE

Plaintiff

VOON MEI LAN

Defendant

Procedural Posture

Civil (trust/property) / Judgment (trial)

  1. 1 Whether the Trust Deed and Purchase Agreement are valid and enforceable
  2. 2 Whether plaintiff forfeited rights by failing to repurchase within 36 months
  3. 3 Whether the defendant as trustee can rely on alleged delay to deny beneficial ownership

Ratio Decidendi

The trust deed and purchase agreement are clear and contemporaneous, establishing the defendant as trustee and the plaintiff as beneficial owner; the plaintiff's short delay in seeking performance was excused because the defendant did not notify or act to enforce the forfeiture clause, and the court may grant relief and order the trustee to execute transfer or issue necessary directions under Trustees Act ss 59 and 60; therefore the plaintiff's claims succeed.

Court Disposition

Plaintiff's claim (Kandungan 1) allowed

Orders

  • Declaration that the Deed of Trust dated 27-8-2014 is valid and subsisting
  • Declaration that the Purchase Agreement dated 27-8-2014 is valid and subsisting