Shareholders' reserve power: Implied terms and public policy

• المؤلف الرئيسي: LEE, Pey Woan
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2016
• الموضوعات: 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
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/sol_research/2327

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...