20 Jun 2024
HO SUE SAN @ DAVID HO SUE SAN 1. ) HOVID BERHAD 2. ) UOBM Nominees (Tempatan) Sdn. Bhd. 3. ) FAJAR ASTORIA SDN. BHD.
- Citation
- W-02(NCC)(A)-162-01/2023 (Mahkamah Rayuan)
- Court
- NCC
- Case number
- W-02(NCC)(A)-162-01/2023 (Mahkamah Rayuan)
Appellant failed to prove the relationship was in the nature of a quasi‑partnership or that equitable considerations applied; the VGOs were commercial bargains and any breach was contractual only; the requisition and proposed resolution were an exercise of statutory rights (s.311) consistent with TAEL's known exit plan and did not amount to unfair discrimination or prejudice under s.346(1)(b); appeal dismissed.