Section 346 of the Companies Act 2016 (“CA 2016”) provides wide powers to the Court to grant remedies as it deems necessary to bring an end to the matters complained of in an oppression action. In Lee Kai Wuen v Lee Yee Wuen, the Federal Court refused leave…
Tag Archives: Statutory Oppression
The Federal Court decision in Auspicious Journey Sdn Bhd v Ebony Ritz Sdn Bhd confirms that remedies in a statutory oppression action may extend to the directors of the subject company and third parties.