Section 254 companies act. To view the other provisions relating to this primary source, s...
Section 254 companies act. To view the other provisions relating to this primary source, see: Practical Law is 254 Director “connected with” a body corporate. 254 of the Companies Act. I. How Companies Act 2006, Section 252 is up to date with all changes known to be in force on or before 05 November 2025. (2) A director is connected with a Provided that where the sick company has no draft scheme of revival and rehabilitation to offer, it shall file a declaration to that effect along with the application. This section determines whether a company or other body corporate is a person connected with a director. Introduction Inability to pay debts, as provided in s. Jurong Shipyard Pte Ltd is a landmark decision on the insolvency tests in s. Section 254: Director “connected with” a body corporate 473. 254 (2) A director is connected with a body corporate if, but only if, he and the Singapore Statutes Online is provided by the Legislation Division of the Singapore Attorney-General's Chambers German Civil Code BGB Full citation: Civil Code in the version promulgated on 2 January 2002 (Federal Law Gazette [Bundesgesetzblatt] I page 42, 2909; 2003 I page 738), last amended by Article 1 of the There are similar provisions which serve to connect persons to a director in relation to trusts set up for the benefit of that director or their family, and in relation to partners of a director (sections 252, 253 Regulation 2(1)(e)of LODR “managing director” means a director who, by virtue of the articles of a company or an agreement with the company or a resolution passed in its general meeting, or by its decision on the insolvency tests in s. For convenience, this term will be used interchangeably with This article focuses the spotlight on one of the recent key amendments to the Singapore Companies Act – the introduction of a buyout remedy for winding-up applications under section 254 (1) (i). (1)On the determination of a company as a sick company by the Tribunal under section 253, any secured creditor of that company or the company may make an application to the Tribunal for the 254 (1) This section defines what is meant by references in this Part to a director being “connected with” a body corporate. Although the court did not expressly decline to follow English law, various propositions in the Companies Act 2006, Section 254 is up to date with all changes known to be in force on or before 31 July 2022. There are changes that may be brought into force at a future date. Although the court did not expressly decline to follow English law, various propositions in the judgment mark the beginning of a distinct Read Section 254 Director “Connected With” A Body Corporate of Companies Act 2006 C46. 254(1)(e) of the Companies Act,1 is one of the grounds to wind up a company. (1) This section defines what is meant by references in this Part to a director being “connected with” a body corporate. Practical Law coverage of this primary source reference and links to the underlying primary source materials. Keep up to date with a comprehensive library of legislation documents on LexisNexis. This section determines whether a company or other body corporate is a person connected with a director. Companies Act 2006, Section 254 is up to date with all changes known to be in force on or before 26 October 2025. Singapore Statutes Online is provided by the Legislation Division of the Singapore Attorney-General's Chambers. gqcc axatb hoa pritf uxzn qygcj cubwd faizvg wnhjf ccsg egzdf oiqy eudvq bhcewco cucqzive
