Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 2 Prior to the incorporation of Ecal Land Development Sdn. Bhd. (the Company), Fairuz, a promoter has entered into a Tenancy Agreement with Irwan

image text in transcribed
Question 2 Prior to the incorporation of Ecal Land Development Sdn. Bhd. (the Company), Fairuz, a promoter has entered into a Tenancy Agreement with Irwan for the rental of a three storey shopoffice. After the incorporation of the Company, Fairuz has been appointed as the managing director together with three other directors, Izmir, Imran and Fini who are the shareholders of the Company. During the first of the board of directors meeting, Izmir questioned the validity of the Tenancy Agreement. He was of the opinion that the rental of RM1,500 per month for the shopoffice was too costly for a new company. He proposed to reject the Tenancy Agreement and such proposal was seconded by Imran. With reference to decided cases, discuss whether Irwan can enforce the Tenancy Agreement against Ecal Land Development Sdn. Bhd. (20 marks)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Contemporary Management

Authors: Gareth Jones, Jennifer George

9th Edition

0077718372, 978-0077718374

Students also viewed these Law questions