16 Jan 2025
BISHOPGATE CAPITAL LIMITED 1. ) BOSTON ASIA CAPITAL LLC 2. ) MEHAMOOD HOSEIN
- Citation
- WA-22NCvC-514-08/2018 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-22NCvC-514-08/2018 (Mahkamah Tinggi)
On the documentary sequence and surrounding facts the Court concluded the remitted sum was repayment of the loan to the Plaintiff, the Defendants received and held the funds on trust for the Plaintiff and breached that trust by refusing to remit; the Defendants failed to discharge the burden to prove the funds were payment for services and the Plaintiff is entitled to USD 5.25 million plus costs.