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Amendments to the Companies Act: amendments relating to directors

December 2014 - Corporate & Commercial. Legal Developments by Drew & Napier LLC .

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Amendments to the Companies Act: amendments relating to directors

8 Dec 2014

This article is the fourth and last in a series of legal updates relating to the amendments to the Singapore Companies Act to be effected by the Companies (Amendment) Act 2014. This Legal Update discusses the amendments and related issues in the following areas which pertain to directors:

(a) shadow directors;
(b) appointment of directors;
(c) qualifications of directors;
(d) disqualification of directors;
(e) vacation of office and removal of directors;
(f) payment of compensation for loss of office;
(g) supervisory role of directors;
(h) directors’ fiduciary duties;
(i) disclosure of company information by nominee directors; and
(j) indemnity for directors.

To read the update, please click here.