27 Feb 2020
Nor Rosnani Bte Ibrahim (NRIC No.:760525-09-5084) 1. AZLAN SHAH BIN JAFFRIL (NRIC No.: 710924-10-6195) 2.PROFOUND RADIANCE SDN BHD (Company No.: 398421-D)
- Citation
- WA-22NCC-250-05/2019 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-22NCC-250-05/2019 (Mahkamah Tinggi)
On balance of probabilities the plaintiff failed to prove the authenticity of the Impugned Transfer Form and failed to prove an agreement requiring Azlan to hold 30%/45% on trust or to re-transfer shares; contemporaneous documents and conduct supported Azlan's case that he owned 75% and others received 25% of net profits; adverse inference did not alter the finding; claim dismissed and costs awarded.