corporate sect singapore - An Overview
any shares held or ability exercisable by, or by a nominee for, that other corporation or its subsidiary (not staying held or exercisable as described in paragraph (
Any mobilisation, holding or demobilisation of a Singapore ship owned or operated through the delivery enterprise and made use of or to be used for offshore renewable Electricity routines, or offshore mineral things to do;
“contributory”, in relation to a company, implies somebody liable to lead to the property of the organization from the occasion of its staying wound up, and includes the holder of entirely paid out shares in the corporate and, ahead of the final willpower in the people who're contributories, involves any person alleged to be a contributory;
a compromise or an arrangement built concerning the corporation and A different particular person or other persons is staying administered; or
This section makes sure that auditors are skilled and the audit system is extensive and objective.
any shares held or energy exercisable by any person by virtue of the provisions of any debentures of the very first-mentioned corporation or of a have faith in deed for securing any situation of these debentures shall be disregarded; and
)) shall be treated as not held or exercisable by that other corporation When the ordinary small business of that other corporation or its subsidiary, as the situation could be, features the lending of money as well as shares are held or power is exercisable as aforesaid By means of stability only for the reasons of a transaction entered into while in the common study course of that company.
Section 207 of the businesses Act in Singapore specials with the appointment, resignation, and elimination of auditors. It outlines the strategies for appointing auditors, their qualifications, as well as circumstances under which they can be faraway from Office environment.
“connected corporation”, in relation to the corporation, suggests a corporation corporate sect singapore that is certainly deemed to be connected with the main-outlined corporation by virtue of section six;
This section ensures that ACRA has up-to-day specifics of the business Which the business complies with its statutory obligations.
Any mobilisation, Keeping or demobilisation of any ship applied or for use for offshore renewable energy activity, or offshore mineral activity the place these things to do are carried out from the AISE by itself using a international ship;
227A Application to Courtroom for a corporation to generally be placed less than judicial administration and for appointment of the judicial manager
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“accounting records”, in relation to your corporation, consists of these working papers together with other documents as are required to demonstrate the techniques and calculations by which accounts from the corporation are made up;