Newsdesk
January
04
Striking Out Minority Oppression Proceedings in the context of a Buy-out Offer: Leong Quee Ching Karen v Lim Soon Huat [2022] SGHC 309
We successfully represented the claimant minority shareholder in resisting a striking out application brought by the defendant majority shareholders. Importantly, the High Court of Singapore clarified the relevant test that should be applied in considering whether to strike out a claim in minority oppression where the majority had made an offer to buy out the minority shareholder.
This note explores the key findings made by Judicial Commissioner Goh Yihan.
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