Guna Selvi Metal (M) Sdn Bhd v Facilipack Industries Sdn Bhd & Ors

The Plaintiff, Guna Selvi Metal (M) Sdn Bhd, sued the Defendants for the return of an RM90,000 earnest deposit forfeited during a failed asset purchase. The High Court allowed the Plaintiff's claim, ordering the Defendants to refund the deposit with 5% interest and dismissed the Defendants' counterclaim for forfeiture and damages.