HIGH COURT (SHAH ALAM)
CHOO KAH SING J
GUAMAN SIVIL NO BA-22NCC-13-01/2020
3 December 2021
JUDGMENTIntroduction
[1] The plaintiff’s action centers on the validity of a share transfer transaction involving the 1st defendant company’s shares which the plaintiff owned. The plaintiff averred that the share transfer form dated 6.6.2008 (hereafter ‘the impugned Form 32A’) that effected the transfer of the plaintiff’s 50% shares in the 1st defendant company to the 4th defendant (as transferee) was invalid in law because he did not execute the said transfer form as the transferor.
[2] The parties have gone through a full trial, and on 26.10.2021, this Court dismissed the plaintiff’s claim against all the defendants. The reasons for the decision of this Court are set out as below.