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What is Cubic Electronics Liquidation Appeal about?

This document summarizes a judgment by the Federal Court of Malaysia regarding an appeal in a civil case between Mars Telecommunications Sdn. Bhd. and Cubic Electronics Sdn. Bhd. (in liquidation). The court considered whether additional deposits paid for extensions of time to execute a sale and purchase agreement for property were subject to forfeiture if the agreement was not ultimately executed. The court also considered whether a purchaser entitled to refund of interest paid for an extension if they late

Author

Fyruz

Language

EN