Wednesday, 11 November 2015

Singapore: arbitration and the unfair prejudice remedy

The Court of Appeal has provided guidance on the relationship and interaction between arbitration proceedings and those for oppression/unfair prejudice under section 216 of the Companies Act. It did so in a judgment, Tomolugen Holdings Ltd v Silica Investors Ltd [2015] SGCA 57, handed down at the end of last month and referring to authorities from England and other jurisdictions including Australia and Canada: see here (pdf). The decision is now one of the leading authorities on section 216.

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