26 Aug 2021
MOHD ZAKI BIN JAAFAR (NRIC NO. 500412-08-5997) NORHANA BINTI SHARKHAN (NRIC NO: 821115-03-5560)
- Citation
- WA-22NCC-267-05/2019 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-22NCC-267-05/2019 (Mahkamah Tinggi)
Court found on balance of probabilities that the agreements were induced by illegitimate economic pressure and influence-peddling by the defendant/agent for a disclosed principal, rendering the impugned agreements voidable for duress and void for illegality; plaintiffs validly rescinded and are entitled to restitution (return of shares) and exemplary damages; defendant's counterclaims dismissed.