Section 216 of the Companies Act (Cap 50) provides an avenue for a minority shareholder who has been “suffering” at the hands of the controlling majority to seek redress. Such specific remedies available to a “suffering” minority shareholder are listed at Section 216(2) of the Act, including; to
In this article, our Joint Managing Director Mr Mark Lee looks into the Court of Appeal’s judgment in Liew Kit Fah v Koh Keng Chew  1 SLR 275, s216(2) of the Companies Act and the issue of applying discounts for "lack of control" and "lack of marketability" when conducting a share valuation.
Arguably, the biggest advantage of incorporating a company is the concept of “limited liability”. The principle of the separate legal personality, however, is not immune from abuse. In this article, we seek to highlight the exceptional circumstances where the Court may ignore the separate legal
This is a case note on the Court of Appeal decision in Ho Yew Kong v Sakae Holdings Ltd  SGCA 33 dealing with issues in relation to shareholder minority oppression claims (Section 216, Companies Act (Cap. 50))
What can shareholders do when they feel that the company ought to enforce certain corporate rights but its directors refuse to do so. Are shareholders helpless in the face of a "rogue" Board of Directors?
In this article, we explore the ambit of a director's right (at law) to inspect / access the company's documents and records. We also briefly examine how such a right may differ because of the different roles played by a shareholders and directors of a company.
Section 391 of the Companies Act (Cap 50) (“the Act”); which provides the Court a power to relieve directors from the consequences of their negligence, default, breach of duty or breach of trust. In this article, we seek to provide a brief snapshot of the ambit of such a power of the Court.
How does the law mitigate the risk of an errant director mismanaging the company. In this article, we explore the various duties and obligations imposed upon a director by statute and under general law.
Whilst shareholders “own” the company, the directors “manage” and run the company’s day-to-day to operations. In this article, we explore the rights and liabilities of a shareholder.
It is not difficult to incorporate a company in Singapore but not everyone may be aware of the legal implications / effects of such incorporation. This article seeks to provide a brief snapshot of the incorporation process and its legal effects.