Shiela and her husband, Jack formed Sinar Sdn. Bhd. and they become the directors and shareholders of the company. In 2017, Sinar Sdn. Bhd. decided to purchase a piece of land and a loan agreement was entered with Bumi Bank Bhd. to execute the purchase.

In 2018, Sheila agreed to sell her apartment to Saleem for a price of RM200.000 and a sale and purchase agreement was thereafter entered between both parties. Sheila apparently had second thoughts and decided to cancel it. She then informed Saleem of her intention but Saleem disagreed. Saleem then insisted on the transfer of the property. However the property has been sold to Sinar Sdn. Bhd. who had paid Sheila the whole price from the loan secured by Juara Bank Bhd.

At the time the loan was made with Juara Bank Bhd., Sheila and her husband were already aware about the company's financial standing which was not in a good condition.

Based on the above situations, advise all the parties on their liabilities in the above transactions.