Fiduciary Duties of Shareholders in Joint Venture Companies
This material was first published by Thomson Reuters (Professional) UK Limited in Mohammad Rizal Salim, “Fiduciary Duties of Shareholders in Joint Venture Companies”  I.C.C.L.R., Vol. 18 p.203 and is reproduced by agreement with the Publishers.
5 Pages Posted: 27 Aug 2009 Last revised: 20 Mar 2017
Date Written: 2007
The joint venture company, or incorporated joint venture, is a common form of corporate entity in Malaysia, in part due to the Malaysian economic policy which sought to enhance bumiputera participation in the corporate economy. However, there is still a very small body of case law dealing with the duties of joint venturers, whether incorporated or unincorporated. This article examines Hartela Contractors Ltd v Hartecon JV Sdn Bhd in which fiduciary duties were imposed to joint venturers in a joint venture company.
Keywords: Fiduciary duties, directors, joint venture company, law, Malaysia
JEL Classification: K00, K20, K40
Suggested Citation: Suggested Citation