Tag: Oppression

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Can A Director/ Third Party Be Held Personally Liable In An Oppression Suit?

The Federal Court in Auspicious Journey Sdn Bhd v Ebony Ritz Sdn Bhd & Ors recently dealt with the issue of whether directors of a company and/ or third parties can be held personally liable for oppression action.  To cut the long story short, the Federal Court held in the positive. The long answer is…
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April 30, 2021 0

Can An Individual Raise The Concept Of Equity In Oppression Suit?

Can equity comes into play in an oppression suit? In this article, we will briefly discuss this issue. The law in relation to this topic First thing’s first, what is “Oppression”? Under section 346 of the Companies Act, oppression happens when the actions of the company (in regards to the treatment of the shareholders of…
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February 20, 2021 0