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Singapore default interestdefaultliquidated damages

Hong Leong Finance Ltd v Tan Gin Huay

[1999] 1 SLR(R) 755
JurisdictionSingapore
CourtSingapore Court of Appeal
Year1999
StatusBinding authority

Key Principle

The SGCA considered the enforceability of a mortgage against a party who signed under undue influence; the lender is put on constructive notice of undue influence where the surety relationship is known and must take reasonable steps.

Area of Law

banking

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