Company Law

Publication Type

Book Chapter

Version

publishedVersion

Publication Date

9-2020

Abstract

The case of Lim Seng Choon David v Global Maritime Holdings Ltd1 is a straightforward, yet salutary, reminder of the importance for a director to act bona fide and in the best interests of his company. In that case the laundry list of breaches was long, including making unnecessary business trips, obtaining reimbursement wrongly for overseas trips, making claims and obtaining reimbursement for personal expenses, issuing unnecessary and unauthorised cheques to various third parties, and causing the company to enter into lease agreements for properties owned by the director’s wife and himself

Discipline

Asian Studies | Business Organizations Law

Research Areas

Asian and Comparative Legal Systems

Publication

Singapore Academy of Law annual review of Singapore cases 2019

Editor

Goh, Yihan; Teo, Keang Sood

First Page

198

Last Page

229

Publisher

Academy Publishing

Additional URL

https://journalsonline.academypublishing.org.sg/Journals/Singapore-Academy-of-Law-Annual-Review-of-Singapore-Cases/Current-Issue/ctl/eFirstSALPDFJournalView/mid/497/ArticleId/1570/Citation/JournalsOnlinePDF

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