TAN YANG LONG & ANOR. V. NEWACRES SDN. BHD.
- Citation
- TAN YANG LONG & ANOR. V. NEWACRES SDN. BHD.
- Court
- Malaysian court
The assignment was in substance a charge leaving legal title and capacity to sue with the plaintiffs; defendants' failure to complete by the contractual date and their continued refusal to provide credible assurance amounted to a fundamental breach and renunciation entitling plaintiffs to rescind; liquidated damages payable day to day are not an exclusive remedy preventing rescission; plaintiffs were entitled to repayment of RM47,316 with interest and to have damages assessed.