On Demand Performance Guarantee: Unconscionability and Breach of the Underlying Principle Contract
Oxley Rising Sdn. Bhd. v Ssyangyong Engineering & Construction Co. Ltd. And Anor Appeal [W-02(C)(A)-274-02/2022 & W-02(IM)(C)-273-02/2022]
View PDF 31st October 2023ISSUESIt is a commonplace in the construction industry for the employer to require the contractor to provide a performance guarantee in the form of a bank…