Shareholders' reserve power: Implied terms and public policy

• 主要作者: LEE, Pey Woan
• 格式: text
• 語言: English
• 出版: Institutional Knowledge at Singapore Management University 2016
• 主題: company law; shareholders' reserve power; division of power between management and shareholders; terms implied in corporate constitution; public policy; Asian Studies; Business Organizations Law; Commercial Law
• 在線閱讀: https://ink.library.smu.edu.sg/sol_research/2327
• 機構: Singapore Management University

Do shareholders have reserve or residual powers of management when the board is unable or unwilling to act? In Chan Siew Lee v TYC Investment Pte Ltd [2015] 5 SLR 409, the Singapore Court of Appeal answered this question in the affirmative. In so doing, the court employed a contractarian approach, r...