QUICKASH MALAYSIA SDN BHD v 1. ) WIDENOTE SDN BHD 2. ) TEO LAY BAN 3. ) WEE SIEW TIEN
Catchwords
Civil appeal – Decision of the Sessions Court – After a full trial - Record of Appeal filed within time – But served out of time - Application for extension of time - No good reason – Failure to obtain leave to file Supplementary Record of Appeal – Order 55 Rule 4 (1) read together with Rule 4 (2), ROC 2012 – Preliminary objection – Service of Notice of Appeal via email – Whether valid service – Order 62 Rule 6 (1) (cc) ROC 2012 – Service of documents via email in accordance with any Practice Direction issued – No Practice Direction issued to date – Whether it is a technical non-compliance – Whether can be cured pursuant to Order 1A ROC, 2012. Appeal has no merit – Plaintiff offering Peer to peer financing facility platform – For businesses to borrow and investors to advance investment sums via Investment Notes - Claim against 1st Defendant for repayment of outstanding facility – 1st Defendant the issuer under the Investment Notes – Issuance of the Investment Notes facilitated and prepared by Plaintiff - Claim against 3rd and 4th Defendants as guarantors – Deed of Assignment entered into between Plaintiff and 2nd Defendant – To assign repayments of the finance facility assigned to 2nd Defendant – In consideration of the facility granted and continued to grant the facility to 1st Defendant - 2nd Defendant liable in the event of default by 1st Defendant – Whether repayments were novated to the 2nd Defendant – Pursuant to the Deed of Assignment – Section 63 Contracts Act, 1950 – Plaintiff accepted repayments from the 2nd Defendant – Whether Plaintiff estopped from claiming the outstanding repayments from 1st Defendant now – Section 42 Contracts Act 1950.
Practice Areas
Case Significance
QUICKASH MALAYSIA SDN BHD v 1. ) WIDENOTE SDN BHD 2. ) TEO LAY BAN 3. ) WEE S... is a High Court (Mahkamah Tinggi) decision dated October 30, 2025 (citation: ma-12bncc-6-11-2024). The case was decided by Suria Kumar a/l Durairaj Johnson Paul.
What was the outcome of QUICKASH MALAYSIA SDN BHD v 1. ) WIDENOTE SDN BHD 2. ) TEO LAY BAN 3. ) WEE S...?
QUICKASH MALAYSIA SDN BHD v 1. ) WIDENOTE SDN BHD 2. ) TEO LAY BAN 3. ) WEE S... is a High Court decision dated October 30, 2025. The case was heard by Suria Kumar a/l Durairaj Johnson Paul. See the full judgment for details.