Can Directors be Personally Liable for their Acts?
Under section 157A of the Companies Act (CA), the board of directors is to be deemed responsible for the management of a company and is to act in accordance with the duties assigned to a director as per the law. Failure to comply may result in a lawsuit, criminal penalties and/or be subject to removal […]
Case Commentary on: Ooi Chhooi Ngoh Bibiana v Chee Yoh Chuang and another [2020] SGCA 83
In Ooi Chhooi Ngoh Bibiana v Chee Yoh Chuang and another (Ooi), a non-bankrupt co-owner appealed against the order of sale of a property. However, the Court of Appeal denied this appeal. The Court will order a sale of property when it is “necessary or expedient” to do so. In considering whether the sale […]