31 Mar 2022
MALAYSIA DEBT VENTURES BERHAD FONG SOON LEONG PIHAK KETIGA Ho Siau Chiang
- Citation
- WA-22NCC-477-08/2019 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-22NCC-477-08/2019 (Mahkamah Tinggi)
The court held Plaintiff entitled to recover the shortfall under the Guarantee because the Guarantee created an independent, continuing on‑demand obligation; limitation did not bar the claim as time ran from demands to the guarantor (2016/2019); Defendant failed to prove breaches by Plaintiff, mala fides or undervalue by R&M; Defendant's counterclaim dismissed and costs awarded to Plaintiff.