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Singapore High Court grants leave for action under section 216A of Companies Act to 50 shareholder
- Allen & Gledhill LLP
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- Singapore
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- April 26 2013
The Singapore High Court in Kwee Lee Fung Ivon v Gordon Lim Clinic PTe Ltd & Anor considered an application pursuant to section 216A of the Companies
Singapore Court of Appeal considers requirements for derivative action under section 216A of Companies Act
- Allen & Gledhill LLP
- -
- Singapore
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- February 27 2013
The Singapore Court of Appeal in Thiam Swee v Low Hian Chor clarified the law on the requirement of good faith for the purposes of applications for
Singapore High Court allows application under section 216A of the Companies Act
- Allen & Gledhill LLP
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- Singapore
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- February 29 2012
Low Hian Chor v Steel Forming & Rolling Specialists Pte Ltd & Anor, leave was granted pursuant to section 216A of the Companies Act by the Singapore High Court to allow Low Hian Chor (the "Plaintiff"), a shareholder of Steel Forming & Rolling Specialists Pte Ltd (the "Defendant"), to pursue an action on behalf of the Defendant against, Ang Thiam Swee ("Ang"), a former director-shareholder of the Defendant, for breaches of director's duties owed to the Defendant
Singapore Court of Appeal clarifies discovery obligations of company subject to derivative action under section 216A of Companies Act
- Allen & Gledhill LLP
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- Singapore
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- January 10 2012
In Lew Kiat Beng v Hiap Seng & Co Pte Ltd 2011 SGCA 61, the Singapore Court of Appeal considered and clarified the discovery obligations of a company which was the subject of a derivative action pursuant to section 216A of the Companies Act (the "Derivative Action"
Singapore High Court allows company’s claim for misappropriated property subject to confiscation order issued in favour of Public Prosecutor
- Allen & Gledhill LLP
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- Singapore
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- November 1 2011
The recent Singapore High Court judgment in Public Prosecuter v Ng Teck Lee deals with various issues arising under the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act
Singapore Court of Appeal considers whether binding contract arose between parties
- Allen & Gledhill LLP
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- China, Singapore
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- September 30 2011
IN Norwest Holdings Pte Ltd (in Liquidation) v Newport Mining Ltd and another appeal 2011 SGCA 42, the Singapore Court of Appeal concluded that the plain meaning of the "subject to contract" provisions in the relevant documents should be applied inthe circumstances of the case and that there was therefore no binding contract between the parties
Singapore High Court finds ouster of minority shareholder as director constitutes oppression but not majority shareholder’s other ‘personal fiefdom’ acts
- Allen & Gledhill LLP
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- Singapore
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- March 29 2011
The Singapore High Court in Tan Yong San v Neo Kok Eng & Ors held that the ouster of the plaintiffminority shareholder, Tan Yong San ("Tan"), as a director of various companies in the Chip Hup Group and the subsequent denial to him of access to the companies' accounts constituted oppressive conduct justifying relief under section 216 of the Companies Act
Singapore High Court holds contract avoided due to common mistake about fundamental and essential point
- Allen & Gledhill LLP
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- Singapore
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- July 1 2010
In Norwest Holdings Pte Ltd (in Liquidation) v Newport Mining Ltd 2010 SGHC 144, the Singapore High Court found that a common mistake as to a fundamental and essential point of the contract arose between both parties, thus voiding the contract
