Low Thi Am Hoe & Teo Sung Ngiap v Sri Serdang Sdn Bhd & Ors
The plaintiffs, Low Thi Am Hoe and Teo Sung Ngiap, challenged the validity of board meetings and extraordinary general meetings (EGMs) convened by the defendants, which resulted in their removal as directors of several subsidiary companies. The High Court of Malaya in Kuala Lumpur dismissed the plaintiffs' claims, finding that the requisitions for the EGMs and the resolutions passed were valid. The court held that the corporate representative had the authority to requisition the meetings and that the plaintiffs' removal was in accordance with the companies' Articles of Association.
Overview
Case Number
WA-24NCC-459-08/2019
Case Type
Civil - Corporate governance
Court
High Court of Malaya, Kuala Lumpur
Coram Judge
- Darryl Goon Siew ChyeDelivered Judgment
Related Proceedings
Subject Matter
corporate governancedirectors' removal