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[Webinar] The Scope of Liquidators’ Investigative Duties and Powers
Synopsis
Liquidators are granted broad powers for the purposes of discharging their duty to, among other things, investigate the company’s affairs, ascertain its assets and liabilities, settle the list of contributories, and distribute assets to the persons entitled.
The recent Court of Appeal decision of Rashmi Bothra v SuntecCity Thirty Pte Ltd provides important guidance on the scope of a liquidator’s powers and emphasises that while broad, those powers must always be directed towards achieving specific duties beneficial to the liquidation. In this case, the Court of Appeal ruled that a liquidator had no duty to investigate disputes over the beneficial ownership of shares of the company. But the Court’s decision provides essential guidance on the proper exercise of a liquidator’s extensive powers and the risks of overreaching their duties.
Speaker's Profile
CHEW Xiang
Partner, Rajah & Tann Singapore LLP
Webinar
Course Date:
25 March 2024 (Monday)
Time:
12.00pm to 1.20pm
Practice Area:
Corporate/
Commercial
Training Level:
General
Public CPD Points:
1.5 (TBC)
Course Fee:
S$180
Nett
Chew Xiang is a Restructuring & Insolvency Partner at Rajah & Tann Singapore with significant experience in a range of commercial disputes, shareholder fights, and contentious restructuring and insolvency matters. He also advises on enforcement of security, and has acted for creditors, debtors, and insolvency practitioners in numerous insolvency disputes and restructuring matters.
Chew Xiang was recognised as one of Singapore's most influential lawyers aged 40 and under by Singapore Business Review in 2019. He was formerly a journalist and served as a Justices’ Law Clerk before joining Rajah & Tann Singapore LLP in 2015, and was placed on the Supreme Court’s Young Amicus Curiae Scheme in 2017 where he assisted the High Court on two appeals relating to the Prevention of Corruption Act.
Agenda
Attendance Policy to obtain CPD Points
Participants who wish to obtain CPD Points are reminded that they must comply strictly with the Attendance Policy set out in the CPD Guidelines. For this activity, this includes logging in at the start of the webinar and logging out at the conclusion of the webinar in the manner required by the organiser, and not being away from the entire activity for more than 15 minutes. Participants who do not comply with the Attendance Policy will not be able to obtain CPD Points for attending the activity. Please refer to http://www.sileCPDcentre.sg for more information.
