23 Feb 2021
1. RANJEET SINGH SIDHU 2. LOO SENG KIT 3. AMRIT KAUR AP MANJEET SINGH 4. HIROFUMI OUCHI ZAVARCO PLC
- Citation
- W-02(NCvC)(W)-1040-05/2018 (Mahkamah Rayuan)
- Court
- NCvC
- Case number
- W-02(NCvC)(W)-1040-05/2018 (Mahkamah Rayuan)
The High Court's findings that appellants failed to produce contemporaneous documentary proof for the alleged advances, that the relevant shares were unpaid and thus subject to the company's lien, and that the appellants (as signatories and senior officers) breached fiduciary and directors' duties in diverting company funds were supported by the evidence and legal authorities; those findings were not plainly wrong and therefore the appeal was dismissed.