CLAW CHAPTER 1

CLAW CHAPTER 1

Business Organisations
1. Sole Proprietorship
2. Partnership
3. Private Limited Company
4. Limited Liability Company
Rationale for having "Companies"
Sources of Singapore company law
Definitions of certain words and phrases
1. Company
2. Foreign company
3. Corporation
4. Person
5. Court
6. Member
Incorporation
1. Step 1: Apply for a new company name
2. Step 2: Incorporation
The doctrine of separate legal entity, characteristics (and exceptions)
1. Characteristics
  1. Perpetual succession
  2. Own property in its own name
  3. Enter legally binding contracts
  4. Sue and be sued in its own name
  5. Incur criminal liability where members may not be liable
2. Exceptions
  1. At general law
  2. Under statue
3. Separate legal entity
Limited liability and unlimited liability
Types of companies
1. Private companies
2. Public companies
3. Dormant companies
4. Small company
5. Small group
6. Exempt private companies
Related companies
1. Holding-subsidiary relationship
2. Through a common holding company

Resource summary

	Created by chenting96 about 9 years ago