A statutory demand is one of the most misunderstood documents in Singapore company law. To a creditor, it looks like a simple debt-collection letter. To a director on the receiving end, it can feel like the first step towards losing the company entirely, and in a very real sense it is. Under the Insolvency, Restructuring [...]
When two National Servicemen shook hands on a cleaning business in 2007, neither could have predicted that nineteen years later their falling-out would produce one of the most instructive Singapore High Court judgments yet on minority shareholder oppression. Goh Bin Seng v Yeo Neng Jian Stephen, Ong Yong Sheng, Cleanmage Pte Ltd and others, [2026] [...]
When a Singapore court orders a majority shareholder to buy out a minority shareholder for oppressive conduct, most business owners assume that is the end of the story. The company pays, the shares change hands, and everyone moves on. A High Court decision handed down in the middle of 2026, RIC Dormitory (SG) Pte Ltd [...]
When a Singapore company ends up in court, whether that is a section 216 oppression claim, a section 216A derivative action, a winding up application, or a more routine dispute over a shareholders' agreement, two very different workstreams run in parallel. Counsel builds the legal argument, complete with case citations and statutory analysis. The company [...]
Every charge a Singapore company creates over its property, whether a fixed charge over land, a floating charge over its undertaking, or a charge securing a debenture issue, must be lodged with the Accounting and Corporate Regulatory Authority (ACRA) for registration within 30 days of creation. Miss that deadline, and the consequence is not a [...]
When a Singapore company is wound up or placed under judicial management, one of the liquidator's or judicial manager's most consequential tasks is looking backwards, not forwards. Before distributing whatever assets remain to creditors, the officeholder must ask whether the company, in the months or years before insolvency, gave away value it should not have [...]
When a Singapore private company wants to issue new shares, most directors treat it as a routine administrative step: pass a resolution, allot the shares, file the return with ACRA, done. In practice, the Companies Act 1967 imposes a strict procedural gate on that power, and getting it wrong does not just create a paperwork [...]
Section 239 of the IRDA lets a liquidator hold directors personally liable for a company's debts if it kept trading with no reasonable prospect of paying them. Here's how the process works and what defences exist.
When a Singapore company goes into liquidation, its liquidator inherits every contract and every piece of property the company held, including the bad ones. An unprofitable lease on premises the business no longer needs, a supply contract locked in at above-market rates, or shares in a subsidiary that costs more to maintain than it is [...]
A court order against a Singapore company is only as good as the company's willingness to obey it. When a company simply ignores a court order, whether it is an order to hand over documents, a Mareva injunction freezing assets, or a judgment debt, the applicant's remedy is not to sue the company again. It [...]