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Singapore

Neo Corp Pte Ltd (under judicial management) v Neocorp Innovations Pte Ltd and Another Application [2005] SGHC 167

A right of action residing in a judicial manager to challenge a transaction under s 227T of the Companies Act does not continue to reside in a liquidator if the company is subsequently wound up; the liquidator must commence separate proceedings under s 329.

Sushant Shukla· ·13 min read
Singapore

Foo Teow Keng v Ong Choo Guan and Others [2005] SGHC 117

The court found that the defendants' actions in diluting the plaintiff's shareholding and manipulating company accounts to reduce share value constituted oppression under s 216 of the Companies Act.

Sushant Shukla· ·14 min read
Singapore

Ng Sing King and Others v PSA International Pte Ltd and Others [2003] SGHC 59

The court held that it is an abuse of process to join a non-member or non-shareholder in a section 216 Companies Act action where no remedy is sought against them.

Sushant Shukla· ·13 min read
Singapore

Kiyue Company Limited v Aquagen International Pte Ltd [2003] SGHC 156

The term 'action' in s 216A(2) of the Companies Act does not include arbitration proceedings.

Sushant Shukla· ·13 min read
Singapore

Re IDEAGLOBAL.COM Ltd [2000] SGHC 65

Section 391 of the Companies Act (Cap 50) does not apply to criminal proceedings, and the court has no jurisdiction to grant relief from prosecution for an offence under the Act.

Sushant Shukla· ·14 min read
Singapore

Tan Chin Hoon and others v Tan Choo Suan and others

A person who is not a registered member of a company lacks locus standi to maintain an action for oppression under s 216 of the Companies Act, even if they claim beneficial ownership of shares.

Sushant Shukla· ·13 min read
Singapore

Spectramed Pte Ltd v Lek Puay Puay and others and another suit [2011] SGHC 43

The court held that the company was a quasi-partnership and that the majority shareholders' attempts to divert business opportunities constituted oppressive conduct under s 216 of the Companies Act.

Sushant Shukla· ·14 min read