Malaysia Case Law: Decisions & Judgments

Topic

Oppression (s.346)

Legal area

Court

15 Mar 2024

V.S. Industry Berhad 1. ) Lim Chang Huat 2. ) Lim Chee Kon 3. ) Chow Chun Pooi @ Chow Chan Leong 4. ) NEP Holdings (Malaysia) Berhad

Citation

WA-24NCC-400-07/2023 (Mahkamah Tinggi)
Court

High Court
Case number

WA-24NCC-400-07/2023 (Mahkamah Tinggi)

The court found the two proceedings are different in nature with distinct causes of action, issues and reliefs such that consolidation or transfer would not secure a more just, expeditious or economical disposal and could prejudice the parties given the advanced stage of this originating summons; accordingly enclosure 38 seeking transfer/consolidation/stay was dismissed with costs.
22 Feb 2021

TOSHIBA ELEVATOR AND BUILDING SYSTEMS CORPORATION (Diperbadankan di Jepun, No. Syarikat: 5010701006785) 1. INTERPLEX SDN BHD (No. Syarikat: 81026-V) 2. INTERPLEX HOLDINGS SDN BHD (No. Syarikat: 323452-T) 3. ITN RESOURCES SDN BHD (No. Syarik

Citation

WA-24NCC-182-04/2019 (Mahkamah Tinggi)
Court

High Court
Case number

WA-24NCC-182-04/2019 (Mahkamah Tinggi)

TELC failed to prove oppressive conduct under s.346: the advances and development expenditures were for legitimate company projects disclosed to and acquiesced in by TELC; many complaints related to acts of separate related companies or private dealings, not to the exercise of corporate powers of MSEL/MSEE; material complaints had been cured or ceased (change of management) and there was inordinate delay and acquiescence; accordingly the court dismissed the application and refused the buyout remedy.

Malaysia Case Law

V.S. Industry Berhad 1. ) Lim Chang Huat 2. ) Lim Chee Kon 3. ) Chow Chun Pooi @ Chow Chan Leong 4. ) NEP Holdings (Malaysia) Berhad

TOSHIBA ELEVATOR AND BUILDING SYSTEMS CORPORATION (Diperbadankan di Jepun, No. Syarikat: 5010701006785) 1. INTERPLEX SDN BHD (No. Syarikat: 81026-V) 2. INTERPLEX HOLDINGS SDN BHD (No. Syarikat: 323452-T) 3. ITN RESOURCES SDN BHD (No. Syarik