Question
The company was registered on 8 July 2020 and the notice of registration issued by the CCM(SSM). Thereafter Mr X, Mr Y and Mr Z
The company was registered on 8 July 2020 and the notice of registration issued by the CCM(SSM). Thereafter Mr X, Mr Y and Mr Z signed the loan agreement with Rich Bank. The loan agreement with Rich Bank has a term that states that"In the event of any dispute the borrowers cannot seek remedy in a court of law".
(i) Is this term enforceable?
(ii)Meanwhile Mr Y plans to form another company with Mr M and Mr P selling sports shoes in Penang.
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Essentials Of Health Policy And Law
Authors: Sara E. Wilensky, Joel B. Teitelbaum
5th Edition
1284247457, 978-1284247459
