PUTRAJAYA: The Federal Court here allowed the appeals by two developers in their bid to stop claims for liquidated ascertained damages (LAD) from homebuyers over late delivery of vacant possession.
This followed a decision by a five-member panel led by Court of Appeal President Tan Sri Abang Iskandar Abang Hashim in ruling that the Federal Court’s decision made in 2020 in the case of Ang Ming Lee & Ors v Menteri Kesejahteraan Bandar should be applied prospectively and not retrospectively.
