Publication Type

Journal Article

Version

acceptedVersion

Publication Date

7-2015

Abstract

The impetus behind the introduction of the statutory provision was the perceived need to protect the vulnerable minority shareholder against the unfair manipulation of the majority rule. Its raison d’être is clearly personal. And, as it is an important tool in the minority shareholder's arsenal, it is necessary that the scope of its application be sufficiently wide. The provision is therefore couched in expansive terms. This has led to questions being raised as to the scope of its application. Specifically, can a shareholder attempt to vindicate corporate claims through the provision? This short paper considers this issue against the background provided by the recent Singapore Court of Appeal decision of Ng Kek Wee v Sim City Technology Ltd.

Discipline

Commercial Law | Law

Research Areas

Corporate, Finance and Securities Law

Publication

Journal of Corporate Law Studies

Volume

15

Issue

2

First Page

407

Last Page

415

ISSN

1473-5970

Identifier

10.1080/14735970.2015.1044768

Publisher

Taylor & Francis (Routledge): SSH Titles - no Open Select

Copyright Owner and License

Author

Additional URL

https://doi.org/10.1080/14735970.2015.1044768

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