definition of fraud in Assets Company Ltd v Mere Roihi [1905] AC 176

 

With regard to fraud and misrepresentation under Section 340(2) of the National land Code, the Malaysian Courts have adopted the definition of fraud in Assets Company Ltd v Mere Roihi [1905] AC 176. Provide the definition of fraud in the said case.                                

 

In Assets Company v Mere Roihi                                

Lord Lindley                                                                

defined fraud as meaning:                                             
actual fraud,                                                                 

Which is dishonesty of some sort,                                 

not what is called                                                         
constructive or                                                 

equitable fraud.

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