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Legal Problems and Issues in Performance Bond

The analysis is a documentary analysis which selected from law journals and law reports, i.e. Malayan Law Journal (MLJ), Current Law Journal (CLJ), All Malaysia Review (AMR), Singapore Law Report (SLR) and etc. Therefore, here, it discusses the significant point by the court in certain circumstances that the injunction will be permissible to the parties in a performance bond.

INTRODUCTION 

After discussing in the literature part regarding to the performance bond with an overview about performance bond, the meaning, the process and the relation that are related in this performance bond, this chapter will clarify in detail on the legal cases that contribute performance bond in construction industry. Therefore, here, it discusses the significant point by the court in certain circumstances that the injunction will be permissible to the parties in a performance bond. 

This chapter will be the legal analysis of performance bond cases that arrive in construction industry. Consequently, the chapter is done in order to achieve the objective of this report. The analysis is a documentary analysis which selected from law journals and law reports, i.e. Malayan Law Journal (MLJ), Current Law Journal (CLJ), All Malaysia Review (AMR), Singapore Law Report (SLR) and etc.

 

LEGAL PROBLEMS AND ISSUES OF PERFORMANCE BOND THAT CONTRIBUTE IN CONSTRUCTION CONTACT

             There are several legal problems and issues of performance bond that contribute in construction contract. These problems will affect the availability of injunction relief to restrain any payment of the performance bond in determining whether it is conditional or otherwise.

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