A company which fails to its debts when they fall due could be wound up by its creditors. Usually, this process beings when the company is served a notice of demand pursuant to Section 466 of the Companies Act 2016…
Category: Company & Commercial
The Powers & Duties of a Liquidator
Do you know what are the powers and duties of a liquidator? Find out more in this article…
Received A Dishonoured Or Bounced Cheque? Here’s What You Need To Know
When cheques are issued to you, there will always be a risk of that cheque being dishonoured by the drawer of the bill. And that is regardless of whether you are dealing with a bank or even a long-time friend.
The Screams from the Other Side: The Oppressed Majority
Oppression actions under Section 346 of the Companies Act, 2016 (“S346”), are usually filed by minority shareholders who were unfairly prejudiced. At first glance, it seems counterintuitive that the majority shareholder can be oppressed as one would typically associate strength with numbers.
Director’s Duties In Times Of Financial Distress
Economic activities slowed down as people around the world heed respective governments’ advice to stay indoors as the Covid-19 pandemic ravages through global economies, distressing businesses across sectors and industries…
A Checklist for Consumers: Preparing a Court Case with Receipts?!
Did you know that when you file a claim in court, you (as the plaintiff) are not only expected to prove the defendant’s liability, but to also prove the losses suffered due to the defendant’s actions or conduct?
Disputes In A World Of Consumerism: Tribunal For Consumer Claims
In this article, let’s discuss the other side of consumerism where consumers are equipped with the knowledge of their rights and seek to protect themselves from unscrupulous suppliers or manufacturers.
Treatment at a Beauty Salon Gone Wrong. What Should I Do?
What happens when your beautician messes up your treatment so badly that your face is severely scarred or hurt beyond remedy? Can you take an action against this beautician from hell?
Is Proclamation of Emergency the Death of Commercial Contracts?
There are generally two matters to be looked into when determining whether a mere proclamation of emergency affects the performance of a contract, (i) the contractual provisions, and (ii) the legal doctrine of frustration.
What You Need To Know As A Home Buyer When Purchasing Property From Housing Developers
Despite the many housing schemes and initiatives to encourage people to purchase their first home property, property overhang still plagues the country. As working-from-home becomes the new norm for most, working space at home becomes more important.