MIDF AMANAH VENTURES SDN BHD vs LIM THIAM CHYE

Judicial Analysis Court Copy Headnote Facts Arguments Court observation

2018 MarsdenLR 1463

HIGH COURT MALAYA KUALA LUMPUR
MIDF AMANAH VENTURES SDN BHD – Appellant
Versus
LIM THIAM CHYE – Respondent

Petitioner Advocates:Anita Sockalingam,Raneesha Thayalan ,Respondent Advocate: Kartini Yusoff

Table of Content
1. plaintiff provides evidence of ownership and agreements. (Para 4 , 6 , 11)
2. defendant contests the specific performance claim. (Para 14 , 15 , 16 , 17 , 18)
3. court analyzes the sufficiency of the plaintiff's case. (Para 19 , 20 , 21 , 22 , 23)
4. court evaluates terms of the put option agreement. (Para 27 , 39)
5. court resolves discrepancies in the claimed amounts. (Para 51 , 62)
6. final ruling requires performance and assessment of damages. (Para 64)

Khadijah Idris JC:

Introduction

[1] The Plaintiff's application for specific performance under O 81 r 1 of the Rules of 2012 (RoC 2012) was allowed by this Court. Aggrieved by the said decision, the Defendant filed this appeal.

Parties

[2] The Plaintiff is a private company incorporated in Malaysia under the provisions of the Companies Act 1965 with its registered address at Level 21, Menara MIDF, 82 Jalan Raja Chulan, 50200 Kuala Lumpur.

[3] The Defendant, Lim Thiam Chye, is an individual has an address for service at No 18-C, Jalan Glugor, Kampung Baru, 08000 Sungai Petani, Kedah Darul Aman and/or at No 8, Jalan Teratai 1/1, Amanjaya, 08000 Sungai Petani, Kedah Darul Aman.

Factual Background

[4] On 13 March 2007 the Pla

Click Here to Read the rest of this document

2018 MarsdenLR 1463

HIGH COURT MALAYA KUALA LUMPURMIDF AMANAH VENTURES SDN BHD – AppellantVersusLIM THIAM CHYE – Respondent

Cases Referred (3)

HIGH COURT MALAYA KUALA LUMPUR
MIDF AMANAH VENTURES SDN BHD – Appellant
Versus
LIM THIAM CHYE – Respondent