Month: February 2021

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A Brief Guide On Consideration

What is consideration? In contrast, the word “consideration” connotes an act/ abstention by the promisee (the person who accepts a contract offer) in return for the same by the promisor (the person who offers the contract). For example, the A offers B RM200. In return will repair A’s air conditioner. The consideration in the example…
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February 27, 2021 0

Misrepresentation 101

What is misrepresentation Misrepresentation is a false/ untrue/ misleading pre-contractual statement of fact made by one party (party A) that induces another party (party B) to enter into a contractual relationship with A, which usually results in B suffering loss. How many types of misrepresentation are there? There are three types of misrepresentation in Malaysia.…
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February 23, 2021 0

Can An Individual Raise The Concept Of Equity In Oppression Suit?

Can equity comes into play in an oppression suit? In this article, we will briefly discuss this issue. The law in relation to this topic First thing’s first, what is “Oppression”? Under section 346 of the Companies Act, oppression happens when the actions of the company (in regards to the treatment of the shareholders of…
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February 20, 2021 0

What Are “Restraint of Trade” Clauses?

If you read enough contractual agreements, you will occasionally stumble upon a clause in a contractual agreement that states that a party is restricted from acting in a certain manner for a certain period and/ or within certain local limits. Generally, such a clause is called a “restraint of trade clause”. More of it below. …
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February 17, 2021 0