High Court emphasises importance of good faith in a derivative action under the Companies Act 2016
28 October 2022
The High Court of Malaya in Dato’ Chan Kon Tak v Malaya Harvest Sdn Bhd  MLJU 1496 considered whether to allow a derivative action that enables a member of a company to bring an action in the name of the company to recover losses sustained by that company.
This article provides an overview of the court’s decision.
To read the full article, please click here.
This case summary has been prepared with the assistance of Associate Kimberly Lim Ming Ying.