6 Jan 2023
1. ) Good Quantum Sdn. Bhd. 2. ) Datuk Chang Kok Chuang 3. ) Right Development Activities Sdn. Bhd. Alliance Investment Bank Berhad
- Citation
- WA-28PW-277-10/2021 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-28PW-277-10/2021 (Mahkamah Tinggi)
The Court held (i) the Court of Appeal did not find AIBB responsible for the Securities Commission's rejection and evidence of losses arising from that rejection is excluded from assessment; (ii) the phrase 'general damages' in the pleadings and Grounds of Judgment in the present case covers both pecuniary and non-pecuniary losses so evidence on both is admissible; and (iii) because the Liability Judgment ordering assessment of damages for breach of the collateral contract and for illegal/wrongful and negligent sale remains operative, the Assessing Party may adduce evidence in support of thos…