Business · Singapore Bureau
Car rental firm RentLah sues former director over cashback scheme
RentLah has initiated legal action against a former director and finance company over an alleged cashback arrangement. The finance firm has countersued, claiming RentLah failed to meet hire-purchase payment obligations.
LSN Singapore ·
The dispute centres on allegations that a cashback scheme was operated between RentLah, its former director, and the unnamed finance company involved in the vehicle acquisition arrangement.
According to details of the case, RentLah contends that the former director and finance company engaged in improper conduct through the scheme. The exact nature of the alleged cashback arrangement and the sums involved remain under legal scrutiny.
In response, the finance company has filed a counterclaim asserting that RentLah failed to meet its financial obligations under the hire-purchase agreement. The counterclaim underscores the financial stakes in the dispute, with the finance firm seeking recovery of unpaid instalments.
The case highlights tensions that can emerge between car rental operators and their financing partners, particularly when payment schedules are not maintained. Legal proceedings are ongoing between the parties as both sides contest the allegations and counterclaims.