8 Mar 2023
Solid Invention Sdn Bhd 1. ) XXXX 2. ) LAI KIM LING 3. ) LAI KIM LOONG 4. ) LIM KUAN SEK 5. ) LAI MAH LEE 6. ) Lai Siew Kien [Identity Card No.: ]
- Citation
- BA-22NCVC-437-08/2016 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- BA-22NCVC-437-08/2016 (Mahkamah Tinggi)
Only the purchase price paid under the now-void SPA constitutes a benefit requiring restitution under s66 Contracts Act 1950; ex-gratia payments under an unaffected consent judgment, ancillary expenses and stamp duty claim against a non-party are not recoverable by restitution; therefore defendants must refund their respective portions of the purchase price to Plaintiff's solicitors within six months and the transfer(s) are to be reversed upon refund.