13 Sept 2022
LOW EAN NEE 1. ) LOW CHENG TEIK 2. ) LOW HOCK BOON 3. ) LAW SEE YOONG 4. ) SNE MARKETING SDN BHD
- Citation
- W-02(NCC)(A)-909-07/2020 (Mahkamah Rayuan)
- Court
- NCC
- Case number
- W-02(NCC)(A)-909-07/2020 (Mahkamah Rayuan)
The Court of Appeal found that although the appellant failed to prove forgery, the assignment of the company's valuable Trademark to a related company for a nominal RM10 constituted oppressive conduct and unfair dealing under Section 346; accordingly the High Court order was set aside and a buyout remedy with independent valuation was ordered.