23 Feb 2021
1. KO BYOUNG SOO [Passport No.: M30940049] 2. HAN KYUNG JA [Passport No.: M83269815] 3. KO SUNG HWAN [Passport No.: M79679868] 1. HENG HUP METAL SDN BHD [Company No.: 823970 - X] 2. PERFECT SLRESOURCES SDN BHD [Company No.: 1121681 - V] 3.
- Citation
- WA-22NCC-616-12/2020 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-22NCC-616-12/2020 (Mahkamah Tinggi)
The injunction application was dismissed because the Shareholders' Agreement was not incorporated into the 4th Defendant's Articles of Association and therefore did not bind non‑party shareholders or directors; the board resolutions were valid under the company's Articles; the plaintiffs failed to demonstrate inadequacy of damages or that the named defendants could comply; accordingly equitable relief was not justified.