Court quashes fraud, conspiracy findings in RM52.2mil Johor land dispute
Court of Appeal finds that no binding sale agreement exists and that a businessman had wrongfully lodged a caveat on the land.
The Court of Appeal has overturned findings of fraud and conspiracy against businessman J Siva Kumar and property agents in a property dispute. However, it maintained the High Court's decision that no binding sale agreement had been concluded. The dispute was over a 22.06ha agricultural land held by Firwas Sdn Bhd. The High Court had ordered Siva and another property agent to pay RM14.24 million in damages for wrongfully lodging a caveat.
The Court of Appeal set aside these findings, stating that the High Court had exceeded the bounds of Firwas's pleadings. The agreement, however, remains unenforceable as there was no concluded agreement between Siva and Firwas. The Court also upheld the finding that Siva had wrongfully lodged the private caveat. Firwas was ordered to pay RM80,000 in costs and interest on the disputed sum at 8% per annum from September 22, 2020.
Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
