Not how it works. This 'case' is simply were the board in a position to make a decision. Nothing else, the actual decision itself does not matter, so long as they can show reasonable thought for the good of the company, it's creditors, and then - and only then - it's shareholders the decision itself will not be called into question by the court. The papers for the sale have already been signed. Lim is too late, and the judge won't rule for the shareholders just because they are the shareholders. Another bid now will not even merit mention in court as this is not the argument.