About this document
Illegal Moneylending Transactions Ruling by Rozenbeth Chin is a document available to read on EtoBox.
The Court of Appeal unanimously set aside three High Court decisions involving disputed property transfers pursuant to loan agreements. The Court found that in all three cases: 1) The transactions were illegal moneylending disguised as property sale agreements, in violation of the Moneylenders Act. 2) Numerous unusual features and circumstances negated the existence of genuine property sale agreements and showed the documents were shams to circumvent the law. 3) The trial judges erred in precluding evi
- Author
- Rozenbeth Chin
- Language
- EN