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Share Buy-out in a Deadlock Situation: Perennial (Capitol) Pte Ltd v Capitol Investment Holdings Pte Ltd [2018] 1 SLR 763

Lee Suet-Lin Joyce

(2020) 32 SAcLJ 1189

Abstract:
The case note examines the significance of “unfairness” in a deadlock within a quasi-partnership being seen as stemming from the shareholder’s inability to exit rather than a deadlock per se; and the interplay of “unfairness” so understood with a contractual exit option in the company’s constitution.