3 Jan 2020
1. BTS TOOLS (THAILAND) CO. LTD (Registration No.:0105546076126) 2. BTS TOOLS MANUFACTURING (THAILAND) CO. LTD (Registration No.: 0135550031697) MALAYSIA DEBT VENTURES BERHAD (Registration No.: 578113-A)
- Citation
- WA-22NCC-404-09/2018 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-22NCC-404-09/2018 (Mahkamah Tinggi)
On the evidence, including contemporaneous documents, the Defendant did not unlawfully interfere with AXA Insurance’s processing or payment of the claim: the RAI Letter was a lawful assertion of the Defendant's rights as beneficiary/owner; AXA acted independently in requiring joint acceptance and documentation; there is no evidential link that the Defendant's insistence on a Refloatation Agreement or failure to open a joint account caused AXA to stop or delay payment; Plaintiffs failed to prove on the balance of probabilities that Defendant prevented or delayed payment, therefore the claim is…