28 Feb 2025
1. ) LEE CHIA MUN 2. ) TEY GIAP HAN 1. ) LUI JUN 2. ) CHUA THIAM MANN 3. ) LEE CHIN SIANG 4. ) WAN KIM YUAN 5. ) INSGURT INTERNATIONAL SDN BHD 6. ) YOUGURT SRI PETALING SDN BHD
- Citation
- WA-A72NCvC-8638-11/2023 (Mahkamah Majistret)
- Court
- Magistrates' Court
- Case number
- WA-A72NCvC-8638-11/2023 (Mahkamah Majistret)
On the balance of probabilities the Court found an agreement to purchase shares existed only between the Plaintiff (Lee Chia Mun) and the First Defendant (Lui Jun), but that agreement was void and unenforceable due to illegality (First Defendant had no legal title or authority to sell the shares and statutory transfer formalities were absent) and due to fraudulent conduct by the First Defendant; restitution under section 66 of the Contracts Act 1950 and unjust enrichment remedies are available against the First Defendant; claims against Defendants 2-6 for conspiracy and related reliefs fail f…