26 Oct 2007
YEARICH LTD v. MOSTOP LTD AND OTHERS
- Citation
- YEARICH LTD v. MOSTOP LTD AND OTHERS
- Court
- Court of First Instance
- Case number
- HCMP850/2007
The court held that conduct relied upon must, in substance and reality, be conduct of the affairs of the subject company; petitions relating to dormant 'shelf' companies that have no assets and no material interaction with the alleged misconduct are plainly untenable and were struck out, whereas petitions concerning property‑holding companies, Sparkling Wine, Step Further and Insomnia Singapore could not be struck out at interlocutory stage because there is sufficient pleaded interdependence or potential impact (eg financial guarantees, pooled management, loss of listing opportunity, interfer…