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In the High Court of the Republic of Singapore
[1996] SGHC 169
Suit No 119 of 1993
Between
Centrotrade Commodities Pte Ltd
… Plaintiff
And
Carsten Holdorff
… Defendant
grounds of decision

This judgment is subject to final editorial corrections approved by the court and/or redaction pursuant to the publisher’s duty in compliance with the law, for publication in LawNet and/or the Singapore Law Reports.
Centrotrade Commodities Pte Ltd v Carsten Holdorff
[1996] SGHC 169
Suit No 119 of 1993
C R Rajah JC
14 August 1996
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Judgment:
2 J U D G M E N T
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21 The Oerip Claims
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49 The Brilliance Claim
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56 The Maids Claim
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60 Section 391
61 47. The Defendant has argued that even if he was in breach of

duty, the Court should grant him relief under its powers granted

by Section 391 of the Act. Buckley J. in In re Duomatic Ltd. <

1969 > 2 Ch 365 considered the provisions of Section 448 of

the English Companies Act 1948 which is pari materia with Section

391 of the Act and said at page 375:-
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64 Conclusion
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66 C.R. RAJAH
C R Rajah JC
K Shanmugam assisted by Foo Maw Shen (Allen & Gledhill) for the plaintiffs
Chistopher Bridges assisted by Andy Choy (Bridges Choy & Lopez) for the defendant
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This judgment text has undergone conversion so that it is mobile and web-friendly. This may have created formatting or alignment issues. Please refer to the PDF copy for a print-friendly version.

Version No 1: 11 Sep 2026 (01:05 hrs)