30 Sept 2021
Chow Tat Chow Mammoth Empire Land Sdn Bhd
- Citation
- BA-22NCvC-152-04/2021 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- BA-22NCvC-152-04/2021 (Mahkamah Tinggi)
Summary judgment granted because statutory scheme and controlling authorities establish immediate entitlement to LAD under Schedule H SPA once completion date passed; plaintiffs had locus standi under s22C and clause 7; LAD must be computed on the SPA purchase price; claimed bank interest is subsumed within LAD and its separate recovery would cause impermissible double recovery; defendant raised no triable issues sufficient to defeat summary judgment.