Publication Type
Case note/Digest
Version
publishedVersion
Publication Date
11-2014
Abstract
Can a company recover the value of the bribe from a director who has paid the bribe, on behalf of the company, to a third party to secure certain benefits for the company, and where it is not alleged that the director had personally benefitted from the bribe? This question raises several complex issues relating to directors’ standard of care, corporate authorisation and corporate illegality, which were considered by the recent decision of the Singapore Court of Appeal in Ho Kang Peng v Scintronix Corp (formerly known as TTL Holdings).
Keywords
Company law, bribe, directors' duties, illegality, authorisation
Discipline
Asian Studies | Business Organizations Law | Commercial Law
Research Areas
Corporate, Finance and Securities Law
Publication
Lloyd's Maritime and Commercial Law Quarterly
Volume
[2014]
Issue
4
First Page
477
Last Page
480
ISSN
0306-2945
Publisher
Informa
Embargo Period
12-17-2018
Citation
WAN, Wai Yee.
Corporate claims against director for paying bribes on company's behalf: Ho Kang Peng v Scintronix (formerly TTL Holdings). (2014). Lloyd's Maritime and Commercial Law Quarterly. [2014], (4), 477-480.
Available at: https://ink.library.smu.edu.sg/sol_research/2823
Copyright Owner and License
Publisher
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://www.i-law.com/ilaw/doc/view.htm?id=349545