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SINGAPORE JOURNAL OF LEGAL STUDIES

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    Locus Standi of Company Directors to Petition for Companies winding Up

    Citation: [1996] Sing JLS 111
    Winding up proceedings have the potential to expose the company to ultimate dissolution. Thus, the issue of locus standi to petition the court for a winding up order assumes some importance. Under section 217()(a) of the Malaysian Companies Act 1965, the 'company' has standing to petition the court. However, under article 73 of Table A of the Act, the directors are delegated the management power. The question then arises as to whether the management power encompasses the power to petition the court for a winding up without a resolution of the members in general meeting. There appears to be a serious conflict of judicial opinion on the issue. This article traces the case law on the subject, focusing on the recent Malaysian case of Miharja Development Sdn Bhd & Ors v Tan Sri Datuk Loy Hean Heong & Ors and Another Application (1995) 4 MSCLC 91,285.
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