Can I read PJD Regency Case: Liquidated Damages Ruling on EtoBox?

PJD Regency Case: Liquidated Damages Ruling by Xagon is a document available to read on EtoBox.

What is PJD Regency Case: Liquidated Damages Ruling about?

The Federal Court case PJD Regency Sdn Bhd v Tribunal Tuntutan Pembeli Rumah addresses disputes between property developers and buyers regarding liquidated and ascertained damages (LAD) for delayed possession delivery. The court ruled that LAD calculation should begin from the date the booking fee was paid, not the date in the sale and purchase agreement, emphasizing the protective intent of housing legislation. The court also highlighted that statutory contracts must be interpreted in favor of buyers to pr

Author

Xagon

Language

EN