Introduction If you are new to the rental sector, the Tenancy Agreement is something you should not overlook. What is a Tenancy Agreement? The scope of the contractual connection between the landlord and the tenant is defined by the tenancy agreement, which specifies each party’s rights and responsibilities with the tenancy. Both the landlord and…
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Complete Guide To Incorporating a Company in Singapore
Introduction After registering a company, incorporation is usually the next step for foreign companies who wish to do business in Singapore. This article will guide you through the process of Incorporation and what to do or expect. What is meant by Incorporation? Incorporation is the act of developing a new business structure that becomes a…
Minority Shareholder Oppression in Singapore
Overview Minority oppression refers to situations where the majority or equal shareholders of a company use their position to put other shareholders in an unfair position. A claim for minority oppression falls under Section 216 of the Companies Act (Cap. 50) of Singapore. The Singapore High Court recently reiterated that Section 216 has four limbs:…
Letters Of Administration Singapore: A Step by Step Guide
Overview If a loved one dies without leaving a will, his or her inheritance will be administered and dispersed according to Singapore’s intestacy rules, which are governed by the Intestate Succession Act (ISA) for non-Muslims and Muslim law for Muslims. Introduction to Letters of Administration A Letter of Administration is a legal document that appoints…
Drink Driving In Singapore: A Law Firm’s Guide
Introduction Drink driving is the act of driving while intoxicated. Alcohol inhibits a driver’s ability to discern danger and retain full control of the vehicle, thus posing a danger to himself and other road users. In Singapore, an average of one person is killed each month due to drink driving. With alcohol impairing the judgment…
Indemnity Clauses in Singapore Commercial Contracts: A Legal Guide
Overview An indemnity is a contract between two parties that specifies a type of insurance payout for potential damages or losses. In an indemnity agreement, one party agrees to pay monetary compensation for any prospective losses or damages caused by the other party, as well as to accept legal responsibility for those damages. What is…
Non-Disclosure Agreements In Singapore: A Complete Guide
Overview Non-Disclosure Agreements (NDAs) are an important legal framework used to protect sensitive information or ideas. They are used commonly by startups or companies who wish to protect their information or ideas from prying eyes. What is a Non-Disclosure Agreement? NDAs are a legally binding contract between 2 parties of concern – the owner of…
Memorandum of Appearance in Singapore: What You Need To Know
Overview A Memorandum of Appearance is a legal document procured in response to an issued Writ of Summons. The person being sued (defendant) can file for a Memorandum of Appearance for Court proceedings. What is a Memorandum of Appearance? A Memorandum of Appearance is a legal document used in civil litigation cases if the defendant…
Non-Compete Clause Singapore: A Legal Standpoint
What Is A Non-Compete Clause It is a clause that appears in the employment contract drawn between the employer and employee. Purpose of Non-Compete Clause The clause prevents employees from seeking employment in another organisation or engaging in any kind of business in certain markets and geographical locations during a period of time. Its main…
Statutory Declaration Singapore: What You Need To Know
What is a Statutory Declaration? In Singapore, a statutory declaration is a formal statement made under the Oaths and Declaration Act. It is a declaration of something to be true, made voluntarily about any matter or to fulfil a legal requirement or regulation. A statutory declaration is used as a factual statement while interacting with…