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2023 MarsdenLR 1313

FEDERAL COURT PUTRAJAYA
TRIPLE ZEST TRADING & SUPPLIERS SDN BHD & ORS – Appellant
Versus
APPLIED BUSINESS TECHNOLOGIES SDN BHD – Respondent


Petitioner Advocates:Hong Chong Hang,Koay Jin Qian ,Respondent Advocate: Ahmad Hazrin Abdul Rahman,Muzamil Aliff Mohamad

Table of Content
1. appeal against high court decision (Para 1 , 2 , 3)
2. factual background of the loan agreement (Para 4 , 5 , 6 , 7 , 8 , 9)
3. trial court's findings on moneylending legality (Para 10 , 11 , 12 , 13 , 14)
4. interpretation of moneylenders act 1951 (Para 15 , 16 , 17 , 18)
5. consequences of illegal moneylending (Para 19 , 20 , 21 , 22)
6. court's role in illegal agreements (Para 23 , 24 , 25 , 26)
7. void agreements under contracts act (Para 27 , 28 , 29)
8. appeals and conflicting decisions (Para 30 , 31)
9. court of appeal's findings (Para 32 , 33 , 34)
10. legal questions posed for determination (Para 35 , 36 , 37 , 38)
11. nature of interest in loan agreements (Para 39 , 40 , 41 , 42)
12. burden of proof under moneylenders act (Para 43 , 44 , 45 , 46)
13. errors in lower court judgments (Para 47 , 48 , 49 , 50)
14. statutory presumptions in moneylending (Para 51 , 52 , 53 , 54)
15. conclusion on moneylending legality (Para 55 , 56 , 57)
16. final decision and order (Para 58)
Abdul Rahman Sebli CJSS:

[1] This appeal by the appellants is against the decision of the Court of Appeal allowing only in part their appeal against the decision of the High Court ordering them to pay RM

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