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Published on 30th June 2023
The Court of Appeal in Brunei has ruled in favor of a local bank, allowing it to recover over BND8 million in outstanding debts from a local company. The case originated in the High Court, where a Judicial Commissioner initially overturned a decision favoring the bank. However, the Court of Appeal reversed this ruling,...
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Did you know that a local bank in Brunei just hit the jackpot by recovering over BND8 million in debts? It's like a legal game of Monopoly where the bank finally got its chance to collect that overdue rent from a company that defaulted on its payments! Cha-ching!
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