{"title":"Specific Remedies and Money Awards in the Protection of the Performance Interest under Malaysian Contract Law","authors":"M. Cheong, Yin Harn Lee","doi":"10.1093/acprof:oso/9780198757221.003.0015","DOIUrl":null,"url":null,"abstract":"This chapter considers the role of specific remedies and money awards in protecting the performance interest of creditors under Malaysian law. It analyses the law under the Contracts Act 1950 and the Specific Relief Act 1950. The chapter concludes that although these two legislation are modeled after the equivalent Indian statutes, established principles of English common law and principles of equity continue to have a strong influence over the Malaysian courts interpretation of these statutes.","PeriodicalId":141301,"journal":{"name":"CGN: Business Law (Topic)","volume":"17 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"CGN: Business Law (Topic)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1093/acprof:oso/9780198757221.003.0015","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
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Abstract
This chapter considers the role of specific remedies and money awards in protecting the performance interest of creditors under Malaysian law. It analyses the law under the Contracts Act 1950 and the Specific Relief Act 1950. The chapter concludes that although these two legislation are modeled after the equivalent Indian statutes, established principles of English common law and principles of equity continue to have a strong influence over the Malaysian courts interpretation of these statutes.
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