Malaysia Case Law: Decisions & Judgments | LexChat

Malaysia Case Law

Director's fees
  • 15 Apr 2025

    NG SOON HUAT TEH HONG ANN

    Citation
    WA-22NCC-552-08/2024 (Mahkamah Tinggi)
    Court
    High Court
    Case number
    WA-22NCC-552-08/2024 (Mahkamah Tinggi)

    The Court granted summary judgment for specific performance because the Sale Shares are minority shares in a private company not freely saleable on the open market, damages would be inadequate or difficult to quantify, the parties contractually reserved specific performance as a remedy, and the defendant had no bona fide defence such as frustration; therefore specific performance and related ancillary relief were appropriate.