Description
The property industry has been dampened by the ongoing COVID-19 pandemic and subsequent global economic contraction, resulting in cash-strapped developers and forestalled development projects that could potentially become abandoned projects.
This webinar will consider the safeguards in law and other measures that can be introduced to check the possibility of a spike in distressed projects. The webinar will analyse the landmark decision of Berjaya Times Square Sdn Bhd v M-Concept Sdn Bhd [2010] 1 CLJ 269 on the importance of distinguishing “incomplete” from “abandoned” property projects, and a possible revisit of this decision in another Federal Court case for further clarity regarding totally abandoned projects to protect innocent purchasers who are losing out.
Speaker
Ranjan N Chandran graduated with a Bachelor of Laws degree from the University of London in 1994 with a 2nd Class Upper Honours, and completed the Certificate of Legal Practice in 1995. He was admitted as advocate and solicitor of the High Court of Malaya in 1996 and has been in practice for 25 years. He had his own practice under the name and style of Ranjan Chitravathy & Nik for 16 years, from 1999 to 2015. In 2016, he joined the firm Hakem Arabi & Associates as a Partner.
He appears frequently as counsel in the Appellate Courts and the High Courts. He has a passion for writing articles, and has had many of his articles published in law journals, among them: Housing Development (Control and Licensing) Act 1966 (“HDA”) Post Covid-19: Who Benefits-Developers of Purchasers? [2020] 3 MLRA 9; Revisiting Faber Union Sdn Bhd v Chew Nyat Shong & Anor: The Pandora’s Box of The Law on Liquidated Ascertained Damages [2020] 3 MLRA 1; Revisiting Selvakumar Murugiah v Thiagarajah Retnasamy: The Coming of Age of The Law on Proving Liquidated Ascertained Damages in Housing Development Contracts [2020] 3 MLRA 37; Judicial Management: Solace or Discord Post COVID-19 [2020] 3 MLRA 17; and Can Force Majeure and Frustration be of Avail to Avoid Contractual Obligations due to the Coronavirus (COVID-19) Pandemic [2020] 2 MLRA 1.
He has been interviewed by The Edge Weekly on housing development issues in articles such as “Claims for Late Delivery of Homes likely to Spike” on 4 July 2020, “Date of Booking Fees deemed as start of delivery charges will force developers to review their sales plan” on 2 Feb 2021, and “Ruling on Housing Tribunal’s scope raises more questions” on 4 Mar 2021, Developers defaulting on maintenance Recently his latest interview — relevant to this webinar topic — with The Edge Weekly on 8 September 2021 was entitled “Risk of abandoned projects rising amid prolonged pandemic”.
Terms and Conditions
A Step-By-Step Guide to Join the Webinar
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(5) You may raise questions during the Question-and-Answer session only
Please take note that no speaking is allowed when the webinar is taking place.
If you wish to raise a question, please type in the chat box and the speaker will respond accordingly.
(6) Please, do not do this
Screen recording, sharing the webinar ID and password links, reproducing the content of the webinar on any platform are strictly not allowed.
Any unregistered person may be removed without prior notice, and no CPD point will be awarded. Failure to adhere to this may result in disciplinary action by the Bar Council.
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Event Policy
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Disclaimer
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