[2021] SGHC 90

TABLE OF CONTENTS
INTRODUCTION............................................................................................1
BACKGROUND AND RELATED ENTITIES.............................................2
THE CLAIMS AND S 216 OF THE COMPANIES ACT............................4
PRELIMINARY ISSUES................................................................................5
RELATIONSHIP OF MUTUAL TRUST AND CONFIDENCE......................................5
LEGITIMATE EXPECTATION TO BE A DIRECTOR................................................7
PARTICIPATION IN COMPANY’S MANAGEMENT AND RIGHT TO
INFORMATION..................................................................................................9
CLAIMS UNDER S 216 OF THE COMPANIES ACT .............................10
PAYING DIVIDENDS IMPROPERLY TO THE DEFENDANTS, AND FAILING
TO PAY DIVIDENDS TO WEI............................................................................10
Whether there was a debt owed by Seah to the Company at the
material time ............................................................................................12
Whether Wei’s share of the Dividends could be used to set off
Seah’s Debt ..............................................................................................13
Whether the Dividends were validly declared under the
Company’s Articles ..................................................................................16
Whether Seah’s debt was set off...............................................................18
Whether the Defendants’ conduct was unfair, oppressive or
prejudicial to Wei .....................................................................................18
Whether Wei is the proper plaintiff ..........................................................19
DIRECTOR’S BONUSES AND REMUNERATION .................................................20
Big Bonuses ..............................................................................................22
(1) Whether the Big Bonuses were determined and approved
at a general meeting ....................................................................23
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