by The Raffles Corporate Services Editorial Team | Aug 6, 2026 | Corp Sec Library, Running Your Company
When a company defaults on secured borrowing, or when a company’s assets are at risk while a dispute plays out, one of the oldest tools in the commercial law toolbox is the appointment of a receiver. A receiver steps in to take control of specified assets,...
by The Raffles Corporate Services Editorial Team | Aug 6, 2026 | Corp Sec Library, Running Your Company
When a company fails, its assets and its creditors rarely sit in a single country. A liquidator appointed in London, a trustee in New York, or an administrator in Sydney may find that the failed company owns property, holds bank accounts, or has claims to pursue in...
by The Raffles Corporate Services Editorial Team | Aug 6, 2026 | Corp Sec Library, Running Your Company
Many Singapore private companies are, in practical terms, one person: the founder is the sole director and the sole shareholder, signs every cheque, and holds every decision. It is efficient while things are going well. But it creates a single point of failure that...
by The Raffles Corporate Services Editorial Team | Aug 5, 2026 | Corp Sec Library, Running Your Company
A liquidator or company obtains a judgment in a foreign court, perhaps an order that a former director repay money, or that a transaction be set aside, and then discovers that the assets, or the person, are in Singapore. Can that foreign judgment be enforced here? In...
by The Raffles Corporate Services Editorial Team | Aug 5, 2026 | Corp Sec Library, Running Your Company
When a company operates across borders and becomes insolvent, its affairs rarely stay neatly within one country. A liquidation may be running in the company’s home jurisdiction while, at the same time, a separate proceeding is opened in Singapore where the...
by The Raffles Corporate Services Editorial Team | Aug 5, 2026 | Corp Sec Library, Running Your Company
How does a company, which is an artificial legal person, actually sign a contract or a deed? For decades the answer in Singapore was the common seal, a metal press that stamped the company’s mark onto important documents. Since 2017, that requirement has gone. A...
