15 Apr 2024
MRMS SDN. BHD. 1. ) LMTD Space Sdn. Bhd. 2. ) Tee Chiew Hean 3. ) Tee Sui Yang
- Citation
- BL-24NCC-1-06/2022 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- BL-24NCC-1-06/2022 (Mahkamah Tinggi)
The court found the plaintiff failed to establish conduct amounting to minority oppression under s346 Companies Act 2016. The primary complaints (failure to open a company bank account, handling of LSS business) amounted to breaches of the shareholders' agreement and contractual disputes rather than visible oppression or disregard of minority interests. D3 was not privy to the shareholders' agreement and there was insufficient proof of conspiracy. Plaintiff was directed to pursue available contractual remedies under the shareholders' agreement or for the company to pursue any fiduciary claims…