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Zakaria Hj Hassan Basaree
Person 1 case
Zakaria Hj Hassan Basaree appeared as a party in the following Malaysia court case:
wa-22ncvc-448-08-2020
1. ) NORAINI BINTI YATIM 2. ) MOHD FARIHAN BIN AZIZAN 3. ) EILEEN WONG MEI FOONG 4. ) NUR AIRA BINTI ABD RAHIM v 1. ) INTER CITY SERVICES & TRAVEL SDN BHD 2. ) NORANI BINTI ISMAIL 3. ) ZAKARIA HJ HASSAN BASAREE 4. ) NORMAN BIN ZAKARIA
MYHC 20 March 2025
See the full case for complete details including judgment text, legal issues, and counsel involved.
About Zakaria Hj Hassan Basaree
Zakaria Hj Hassan Basaree appears as a party in 1 judgment in the MY Case Law database, spanning March 2025 to March 2025. Zakaria Hj Hassan Basaree appeared as defendant in 1 case. Cases span the High Court (1).
How many court cases involve Zakaria Hj Hassan Basaree?
Zakaria Hj Hassan Basaree appears in 1 published judgment from March 2025 to March 2025. Most commonly as defendant (1 cases).
Practice Areas
Abstract and Keywords 1 Abstract 1 This case involved eleven investment agreements of RM2.2 million between family members and the company, where plaintiffs claimed fraudulent misrepresentation regarding non-existent projects. The defendants argued the agreements were disguised moneylending transactions contravening the Moneylenders Act 1951. In applying the principles in Triple Zest Trading & Suppliers v Applied Business Technologies Sdn Bhd, it was found that the agreements constituted illegal moneylending due to their characteristics of fixed 30% returns regardless of business performance, systematic lending patterns and identical structures across multiple transactions. The S 100A presumption that the plaintiffs were engaged in unlicensed moneylending remains unrebutted, rendering the agreements void ab initio and unenforceable under S 15. ________________________________________ Keywords 1 Moneylenders Act 1951; illegal moneylending; disguised loan agreements; investment agreements; statutory presumption; Section 100A MLA 1951; void ab initio; Triple Zest Trading; fraudulent misrepresentation; unjust enrichment; sham agreements; unlicensed moneylenders; fixed returns; systematic lending; rebuttable presumption 1