15 Sept 2022
AMEGAJAYA VENTURES SDN BHD 1. ) SINMAH AXIS HEALTHCARE SDN BHD 2. ) SINMAH CAPITAL BERHAD 3. ) FONG KIAH YEOW 4. ) FONG KOK YONG 5. ) HONG KOEI TENG 6. ) FONG NGAN TENG 7. ) FONG CHOON KAI 8. ) PREMELA A/P A K NADAN
- Citation
- BA-24NCC-73-07/2021 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- BA-24NCC-73-07/2021 (Mahkamah Tinggi)
Plaintiff failed to prove oppression or disregard: the debt capitalisation was bona fide and necessary to cure insolvency; Plaintiff was aware and had the opportunity to subscribe; failure to name and join the current shareholders who executed the capitalisation is fatal to reliefs affecting their rights; directors 3rd–8th not shown to be sufficiently connected to oppressive conduct; accordingly the Originating Summons is dismissed and the strike‑out application allowed.