14 Apr 2022
SEE ENERGY SDN BHD PCO ELECTRICAL (M) SDN BHD
- Citation
- WA-22NCvC-962-12/2019 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-22NCvC-962-12/2019 (Mahkamah Tinggi)
The JVA was not a binding or enforceable contract because it was expressly subject to a final agreement and the factual matrix showed lack of consensus ad idem and absence of essential terms (financing amount/mode, allocation of obligations, profit division), and the Plaintiff failed to give the promised consideration; accordingly the Defendant validly terminated and the Plaintiff's claim is dismissed with costs.