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Court of Appeal clarifies law on shareholder oppression actions

12 Jul 2018

In Ho Yew Kong v Sakae Holdings Ltd [2018] SGCA 33, the Court of Appeal laid down an analytical framework to guide the Courts in a situation where an oppression action features both personal wrongs and corporate wrongs. This framework also provides litigants with a set of questions which will help them decide whether to bring an oppression action under s 216 of the Companies Act or seek leave to commence a statutory derivative action under s 216A of the Companies Act.

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