{
  "id": 14416542,
  "title": "Mahkamah tangguh perintah berkait perjanjian fi RM1.55 juta firma guaman, 203 pelabur",
  "url": "https://urgent.news/2026/10/14/mahkamah-tangguh-perintah-berkait-perjanjian-fi-rm1-55-juta-firma-14416542",
  "topic": "world",
  "section": "World",
  "published": "2026-10-14T09:07:30.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today",
    "url": "https://www.freemalaysiatoday.com/category/bahasa/tempatan/2026/10/14/mahkamah-tangguh-perintah-berkait-perjanjian-fi-rm1-55-juta-firma-guaman-203-pelabur"
  },
  "original_language": "en",
  "account": "Malaysia's Federal Court has postponed the implementation of a RM1.55 million contract cancellation order between a Guaman firm and its 203 investors while awaiting the High Court's decision on an appeal. Michelle Wong represented Tetuan Jerald Gomez & Associates, confirming the matter. Jared Tee, representing the investors, did not oppose the stay application without admitting the supporting affidavit submitted. In their application for stay, the Guaman firm argued that the pending appeal raises important legal issues regarding the validity and competence of the certificate of incorporation signed on January 16, 2024 by both parties. The investors appointed the Guaman firm to take legal action following their substantial losses in a joint venture linked to the establishment of MYAirline, led by Goh Hwan Hua. The firm stated that the hourly rates and auditing methods had been disclosed and discussed before the contract was signed. They then acknowledged the agreement, approving all 18 invoices without objection, explaining 16 of them. The Guaman firm questioned whether the Federal Court was improperly cancelling the contract and directing all 18 Guaman invoices to be formally assessed or valued, including the 16 approved and paid invoices, as well as the two unpaid ones not claimed. The firm argued that estimation could make their appeal futile if the High Court later decides the relevant invoices cannot be estimated under the Legal Practitioners Act 1976. The firm claimed that RM1,245,825 had already been paid for the relevant invoices, and the effort to recover the payment back from over 200 claimants would be difficult if the appeal succeeded. The firm also stated the time and cost involved in reorganizing archives and monitoring former staff and witnesses for the estimation process. According to them, the stay maintains the existing status quo and prevents unnecessary practical difficulties and costs before the appeal is decided. On September 11, Attorney General Nixon Kennedy Kumbong ruled that the contract between the Guaman firm and the investors was not obtained fairly and contained unreasonable terms. He also directed the Guaman firm to return any excess payment within 30 days after the estimation certificate is issued. Nixon found the investors successful in proving their grounds under Section 118 of the Legal Practitioners Act 1976 to cancel the contract. He also ruled that the arbitration clause in the contract conflicted with the intended purpose.",
  "summary": "Firma guaman itu berkata rayuannya di Mahkamah Rayuan bangkitkan persoalan undang-undang penting berhubung kesahan dan kebolehkuatkuasaan terma surat pelantikan ditandatangani pada 2024.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Free Malaysia Today",
        "title": "Mahkamah tangguh perintah berkait perjanjian fi RM1.55 juta firma guaman, 203 pelabur",
        "url": "https://urgent.news/2026/10/14/mahkamah-tangguh-perintah-berkait-perjanjian-fi-rm1-55-juta-firma",
        "published": "2026-10-14T09:07:30.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}