(1) Introduction
Singapore law on the execution of documents, in particular
deeds, has recently been submitted to further review. As a result
of a joint consultation initiated by the Accounting and Corporate
Regulatory Authority and the Attorney- General's Chambers, a
Supplemental Report was published in October 2010 complementing the
proposals presented in a 2001 Report on proposed amendments to the
execution formalities by local companies and foreign corporations
(the "Report"). Comments on the proposed
changes were invited from the public by December 2010 and the
outcome is awaited.
The Report proposes additional amendments to the Companies Act
(Cap 50) (the "Act") and to the Limited
Liability Partnerships Act ("LLP Act")
to allow such entities to execute documents by the signature of
certain authorized persons, as an alternative to execution under
seal, and to make other consequential amendments. The Singapore law
on the execution of documents by corporations
