Court of Appeal provides guidance on the law of fiduciaries – The Fine Line Between Friendship and Fiduciary Duty: Tan Teck Kee v Ratan Kumar Rai [2022] SGCA 62
Introduction In the recent case of Tan Teck Kee v Ratan Kumar Rai [2022] SGCA 62, the Court of Appeal clarified the test to determine the presence of a fiduciary relationship and the requirements for a court to make an order to account on a wilful default basis. Notably, the court held that even if […]
