Course Description

Synopsis:

Sometimes, the harm is personal — a shareholder suffers directly at the hands of the controlling majority. Whether it’s exclusion from decision-making, unfair treatment, or oppressive tactics, the law offers powerful remedies.


In Part 2, we shift focus to personal wrongs and the statutory protections available under s 216 of the Companies Act, often referred to (though somewhat misleadingly) as the “oppression remedy.” We’ll explore real-world examples of oppressive conduct, the wide range of court powers to put things right, and when the nuclear option of winding up on the just and equitable ground might be appropriate.


By the end of this module, you will:

  • Identify conduct that may amount to oppression under s 216 CA.

  • Understand who can bring an oppression claim and the basis for doing so.

  • Examine court-ordered remedies under s 216(2) and their practical impact.

  • Appreciate the overlap and distinctions between oppression actions and derivative actions.

  • Recognise when winding up may be the only viable solution.

The Essentials of Company Law - What Shareholders and Business Owners Must Know (Part 1) will uncover the critical distinction between corporate wrongs (wrongs done to the company) and shareholder wrongs.


Intended For:

  • Audit Professionals / PAIP 
  • Finance Professionals  / PAIB 
  • Public Sector Finance
  • C-suite & Directors
  • Business Owners


Competency Mapping: 

  • CPE Category "Others" = 1.0 CPE Hour
Instructor Image

Lau Kah Hee

Kah Hee is qualified as an Advocate & Solicitor in Singapore and as an Attorney-at-Law in New York, and his legal career has spanned more than 15 years. He is also a Commissioner for Oaths.Kah Hee began his legal career in 2008 as a Justices’ Law Clerk and then as an Assistant Registrar at the Supreme Court of Singapore where he worked for the Chief Justice and Judges of Singapore. Thereafter, Kah Hee was appointed a Deputy Public Prosecutor and State Counsel at the white-collar crime division of the Attorney-General’s Chambers of Singapore in 2010. While with the Singapore Legal Service, Kah Hee was also an adjunct member of the teaching faculty at the National University of Singapore, School of Business where he taught the final year accounting students Corporate & Securities Law.In 2011, Kah Hee embarked on a new and challenging career in private practice, practising litigation and arbitration with the largest local law firm in Singapore (Rajah & Tann LLP) and the largest international law firm in the world (Baker & McKenzie), before joining Derrick Wong & Lim BC LLP as a Partner in April 2016, and now in the reconstituted firm, BC Lim & Lau LLC as a Director in January 2020. Apart from practising law, Kah Hee is concurrently an adjunct faculty member of the Singapore Management University, School of Law, teaching the Law of Evidence and Company Law.Kah Hee is actively involved in commercial litigation, arbitration, as well as immigration law, corporate compliance and governance. He also has experience advising and acting for various parties in contractual, commercial, corporate, banking, property, employment, financial and investment-related disputes. In corporate compliance, Kah Hee’s practice includes bank fraud investigation, defence against government/regulatory investigations, and white-collar criminal matters.

1 CPE Hour

Lesson(s)

4

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