Stamp duty Stamp duty is payable on a conveyance of Singaporean immovable property, stock or shares, pursuant to the Stamp Duties Act of 1929. There are also additional stamp duty issues in transferring shares of a company whose assets consist primarily of Singapore residential property, or the t...
the principal sources of liability are contractual breaches and breaches of law. For instance, directors of Singapore companies are subject to fiduciary duties under common law and statutory duties under the Companies Act. These include the duty to exercise power in good faith for the ...
S157 of the CA provides that a director of a company “shall at all times act honestly and use reasonable diligence in the discharge of the duties of his office”. This statutory statement is in addition to the directors’ duty under general law to exercise their discretionbona fidein what ...