Federal Land Development Authority; Kirames Sdn Bhd
| Jurisdiction | Malaysia |
| Year | 1991 |
| Court | High Court (Malaysia) |
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15 cases
2 firm's commentaries
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Performance Bonds And Bank Guarantees: Interpretations And Demands
...made, and whether this is so must depend on the wordings of the bond itself. In Kirames Sdn. Bhd. v. Federal Land Development Authority [1991] 2 MLJ 198 the guarantee provides that the guarantor shall "irrevocably and absolutely guarantee payment on demand without having to assign any reaso......
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Performance Bonds And Bank Guarantees: Interpretations And Demands
...made, and whether this is so must depend on the wordings of the bond itself. In Kirames Sdn. Bhd. v. Federal Land Development Authority [1991] 2 MLJ 198 the guarantee provides that the guarantor shall "irrevocably and absolutely guarantee payment on demand without having to assign any reaso......
1 books & journal articles
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RESTRAINING A CALL ON A PERFORMANCE BOND: SHOULD ‘FRAUD OR UNCONSCIONABILITY’ BE THE NEW ORTHODOXY?
...at 384; Patel Holdings Sdn Bhd v Estet Pekebun Kecil & Anor[1989] 1 MLJ 190, at 192; Kirames Sdn Bhd v Federal Land Development Authority[1991] 2 MLJ 198, at 200—02. The ‘fraud’ exception is an incarnation of the maxim ex turpi causa non oritur actio, or ‘fraud unravels all’: United City Me......