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Debt Recovery: Different ways to achieve payment for debts due & owing

Debt Recovery: Different ways to achieve payment for debts due & owing

by Clinton Tan Kian Seng

Recovering debts owed is usually a hassle. This extract from Thomas Philip's SME Table Talk shares about different legal ways to achieve payment for debts due & owing.[Read more...]

Distinction between 'Days' & 'Clear Days' in the Companies Act 2016

Distinction between 'Days' & 'Clear Days' in the Companies Act 2016

by Jason Yong Kok Yew

Thomas Philip recently defended successfully an injunction application to prevent an EGM from taking place. The key dispute in the injunction is the distinction between the terms 'days' & 'clear days' for provision of EGM notice.[Read more...]

Is All Lost for a Creditor when a Company is Wound Up?

Is All Lost for a Creditor when a Company is Wound Up?

by Lavinia Kumaraendran

What happens when a company still owes you a debt after being wound up? This article shares tips on how to file proof of debt to recover monies owed after a company is wound up.[Read more...]

Navigating the Winding Up Process

Navigating the Winding Up Process

by Sean Tan Yang Wei

This article conducts a brief exploration into how business owners or company directors can navigate through the winding-up process, after being served being served with a winding-up notice or a winding-up petition.[Read more...]

5 Common Clauses required in your Shareholder Agreement

5 Common Clauses required in your Shareholder Agreement

by Jason Yong Kok Yew

This article shares about the five (5) common clauses required in your shareholder agreement. Especially relevant to company directors and shareholders.[Read more...]

When can a Liquidator get paid?

When can a Liquidator get paid?

by Mavinthra Jothy Thillainathan

The function of a liquidator is to realise the assets of a company. The creditors, who hope to recover some of their debts out of the assets, therefore have a direct interest in the level of costs, and in particular the remuneration of the liquidator, if one is appointed.[Read more...]

Key Highlights of the Companies Amendment Bill 2019

Key Highlights of the Companies Amendment Bill 2019

by Lavinia Kumaraendran

The Companies Amendment Bill 2019 has been tabled for First Reading in the Dewan Rakyat (House of Representatives) on 8th July 2019. The Amendment Bill will make amendments to the Companies Act 2016 (Act 777).[Read more...]

The Case of Rajamani

The Case of Rajamani

by Pauline Lim & Alliff Benjamin Suhaimi

Deferred indefeasibility means that subsequent purchasers of land acquired by means of fraud and/or forgery, were they found to be acting in good faith and have purchased the land for valuable consideration, would be afforded an indefeasible title to the land. This is notwithstanding any innocent original owner of the...[Read more...]

101 on Proxy in Company General Meetings

101 on Proxy in Company General Meetings

by Lavinia Kumaraendran

The right to appoint a proxy is important as it allows a shareholder who is unable to attend the meeting in person to appoint a representative to vote in his absence. In this regard, every AGM notice must disclose, with reasonable prominence, a statement on the shareholders’ rights to appoint...[Read more...]