Monday, October 19, 2009

The Malaysian Reserve Front Page Report on BBA Dated Monday October 19, 2009

Today the business newspaper i.e. The Malaysian Reserve has published some excerpts of the Court of Appeal long outstanding written judgment dated August 26,2009 on BBA since its delivery on March 31 2009. Briefly, suffice to say that the current BBA in its present format is in fact a loan not property purchase and property sale contract but in this judgment the court of appeal held otherwise.
I reserve all my comments on this issue as we should let the defender of the present BBA format
present and defend their view at the forthcoming Bar Council Seminar on BBA in Terengganu this wednesday Oct 21,2009.
I will InsyaAllah write more on it after Oct 21, 2009.
Allah swt knows the best our ability and intention in anything .

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