JUDGMENT
Introduction
[1] What is the price of loyalty, and conversely, disloyalty? For the Appellant, it was RM10 million, which was the amount stated in the Bond by Parti Keadilan Rakyat (PKR/party) dated 25 April 2018 (the Bond) signed by her, in the event of breach of the Bond. This then is one of the issues before us, as to the reasonableness or otherwise, of the RM10 million Bond.
Parties
[2] The Appellant was the Defendant and had contested in the 14th General Election (GE-14) in the Ampang Parliamentary seat as a PKR candidate and won with a majority vote of 41,956. The Respondent is the Plaintiff in his capacity as the Secretary General of PKR.
Background Facts And Issues
[3] According to the Respondent, on or about 24 February 2020, the Appellant along with 10 other members of parliament announced their resignation from the party without resigning as members of parliament for their respective constituencies. The Respondent sued the Appellant for the payment of RM10 million under the Bond and in the alternative for RM12,049,459.20 under s 71 of the Contracts Act 1950.