http://forum.lowyat.net/ Wed, 14 Oct 2026 13:59:02 +0800 FeedCreator 1.7.2 http://forum.lowyat.net/topic/863909 Hi all..<br /><br />I really need advices. My brother is renovating his restaurant, and he&#39;s applying loan from MARA. but MARA is processing his loan too slow. Thus, he asked me to borrow some money from bank, and he&#39;ll repay back in percentage of his NETT PROFIT plus he&#39;ll also pays the monthly installment. Sound alluring right?<br /><br />1) I would like to know, whether an agreement between Lender &amp; Borrower is valid if we construct it ourselves without any legal advices? (we will stamp the agreement, ofcourse)<br /><br />2) Can I bring the agreement to court if anything happens? my biggest fear is IF the agreement is not valid at all in the court and I can&#39;t proceed with legal actions. (I hope this will not happen)<br /><br />Please advice. melxoxo Finance, Business and Investment House Wed, 03 Dec 2008 08:27:01 +0800