Back
HIGH COURT MALAYA KUALA LUMPUR
MYCREATIVE VENTURES SDN BHD – Appellant
Versus
VISION ANIMATION SDN BHD & ANOR – Respondent
| Table of Content |
|---|
| 1. introduction of share subscription agreement (Para 1 , 2 , 3 , 4 , 5 , 6 , 7 , 8 , 9) |
| 2. claim for summary judgment against the second defendant (Para 10 , 11 , 12 , 14) |
| 3. triable issues raised by the second defendant (Para 13 , 16 , 19) |
| 4. court's analysis on obligations under ssa and letter of undertaking (Para 18 , 31) |
| 5. analysis of notice and consent requirement (Para 32 , 34) |
| 6. co-surety implications concerning double vision (Para 38 , 40) |
| 7. intent of arrangement concerning payment liabilities (Para 43 , 47) |
| 8. appellate decisions' relevance and applicability (Para 48 , 49) |
| 9. final decision and order of the court (Para 53) |
(Enclosures 13 and 15)
[1] Before the court are two applications arising from a share subscription arrangement, one seeking summary judgment for a claimed redemption amount and the other aiming to strike out the claim as unsustainable. The key issue is whether the contractual obligations have been effectively triggered, justifying summary relief, or if the case should be dismissed without a full trial.
Background Facts
[2] This case concerns a financial and contractual arrangement involving a Share Subscription Agreem
An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers
Please visit our Training & Support
Center or Contact Us for assistance
Scan Me!
India’s Legal research and Law Firm App, Download now!
For Daily Legal Updates, Join us on :
Back to top
