North Star (S) Capital Pte Ltd v Megatrucare Pte Ltd & Anor

[Contract] — [Illegality and public policy] — [Statutory illegality] — [Whether a loan given to a company is in substance a personal loan to the individual guarantor] [Civil Procedure] — [Pleadings] — [Whether a party may rely on the defence of illegality when it is not adequately pleaded] [Contract] — [Formation] — [Whether lenders had constructive knowledge of the guarantor’s mental incapacity at the time that the guarantee was entered into] [Contract] — [Mistake] — [Non est factum] — [Whether a finding of mental incapacity is sufficient to establish a plea of non est factum] [Civil Procedure] — [Trial] — [Oral evidence of witness] — [What is the proper procedure for challenging the accuracy of the official transcript of a witness’ oral evidence at trial]