21 Jan 2022
LOH TECK WAH 1. ) LIM PANG KIAM 2. ) YAP CHEE KHENG 3. ) PNL CAPITAL SDN BHD 4. ) BDO GOVERNANCE ADVISORY SDN BHD
- Citation
- WA-24NCC-246-05/2021 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-24NCC-246-05/2021 (Mahkamah Tinggi)
The court held the appointments and commencement of Suit 623 were authorised management decisions within the directors' powers under s.211 and the companies' articles, taken to protect the companies' interests (including justified confidentiality for Anton Piller relief); these actions did not constitute a visible departure from standards of fair dealing or commercial unfairness and therefore did not amount to oppression under s.346 Companies Act 2016.