JCW

[Just and equitable Winding Up – Section 218 (1) (f) and/or (i) Companies Act 1965] Justin and Chooi Peng acted for the plaintiff in this case. The High Court dismissed the plaintiff’s winding up petition after a full trial as the High Court amongst others, found that there was no mutual understanding between the shareholders but merely casual and informal communication between corporate personalities which do not give rise to a quasi-partnership. Further, the Court held that there were alternative remedies available, apart from winding-up.