14 Oct 2021
Dato' Shun Leong Kwong Toh May Fook & 7 Lagi
- Citation
- WA-22NCC-155-04/2021 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-22NCC-155-04/2021 (Mahkamah Tinggi)
The Statement of Claim was struck out because the conspiracy allegations lacked required particularity (no clear agreement, unidentified co-conspirators, no distinct overt acts by each defendant) and because alleged breaches of the CMSA/TOM cannot ground private claims or orders to compel an MGO in the absence of a Securities Commission/Bursa determination; reliefs seeking to restrain corporate internal management were impermissible and the proceedings constituted an abuse/multiplicity of process.