Dentist Ordered to Repay $125,000 Loan After High Court Ruling

In a clear demonstration of legal accountability, Trinidad and Tobago's High Court has upheld a businessman's claim against a local dentist, ordering her to repay a substantial sum. The ruling by Justice Frank Seepersad decisively rejects the dentist's defense that she was pressured into guaranteeing a loan for her former common-law partner. The court found that Sharmila Ramroop, a director of the company that received the loan, possessed the necessary understanding of the financial agreement and willingly signed the guarantee. This case underscores the principle that individuals are bound by their contractual obligations, regardless of subsequent personal misfortunes or relationships. The businessman, Gerard Tang Foon, pursued legal action after the loan defaulted and the partner, Farand Deo­nanan, ultimately faced imprisonment for unrelated charges. The court's decision emphasizes that personal choices, such as aligning oneself with individuals who later engage in illicit activities, carry consequences, and contractual guarantees remain enforceable. This judgment serves as a strong reminder within the business community of the importance of due diligence and the binding nature of financial guarantees.

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The defendant made an unfortunate choice to align herself with Mr Deonanan, who ultimately ended up in prison.