4 Nov 2019
1. CNI22 ENGINEERING (M) SDN. BHD. (Co. No.: 943611-W) 2. FAMOUS VILLA DEVELOPMENT SDN. BHD. (Co. No.: 1013210-D) CHIN CHEE KEONG (NRIC No.: 650327-08-5427)
- Citation
- BA-22NCvC-532-10/2018 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- BA-22NCvC-532-10/2018 (Mahkamah Tinggi)
The written shareholders' agreement constituted the entire agreement between parties and, under ss 91 and 92 Evidence Act 1950, barred admission of extrinsic evidence relied on by the plaintiffs; construing the SA commercially established the defendant as beneficial owner of the allotted shares and precluded implied resulting or constructive trusts in favour of the plaintiffs; the loans were from the 2nd plaintiff (not the company) and did not contravene ss 67 or 133 CA 1965 in a way that would give the plaintiffs title to the shares; therefore the plaintiffs' claim for transfer failed and th…