13 Nov 2024
SYED GAMAL BIN SYED KECHIK AL-BUKHARY 1. ) ACE CREDIT (M) SDN BHD 2. ) CHANG AI NEE 3. ) CHOONG CHEE MENG
- Citation
- WA-22NCC-62-02/2023 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-22NCC-62-02/2023 (Mahkamah Tinggi)
Defendants failed to prove that the 1st Defendant sustained losses during the contractual investment periods that would trigger Section 4.03; absence of evidence and lack of notice to the Plaintiff meant the exclusion clause could not relieve defendants of their contractual obligations, therefore the agreements and guarantees are enforceable and defendants are jointly and severally liable for the sums ordered; counterclaim struck out.