[15] According to the Plaintiff, at that time he was not agreeable to the request for further extension. The Plaintiff claimed that in order to induce the Plaintiff to accept the further extension, the 2nd Defendant and 3rd Defendant had orally given their personal guarantee that they would jointly and severally assume the liability to pay the Plaintiff in the event the 1st Defendant were to default in respect of the payment of the Purchase Price.

[16] The Plaintiff further claimed that he had relied on the aforesaid oral guarantee by the 2nd Defendant and 3rd Defendant when he agreed to the second extension of time for the 1st Defendant to pay the Purchase Price by 31 August 2020.

[17] However, the Second Batch of Post-Dated Cheques were not replaced immediately. No explanation was given at the trial for the delay. In fact, the 1st Defendant only issued and forwarded 2 new post-dated cheques both date