Why a tailored Constitution is important for your company A Company Constitution (“constitution”) is vital for a company, no matter big or small, because the default rules found in the...
Stopping the Call on Performance Bonds A performance bond serves as a guarantee to a beneficiary for the performance of contractual obligations owed by a third-party. Performance bonds are widely...
Under the Land Acquisition Act 1960, the proviso to Section 49(1) prohibits appeals against decisions of the High Court on compensation for land acquisition. Section 49(1) of the Land Acquisition...
The Construction Industry Payment and Adjudication Act 2012 (the “CIPAA”) is a legislation intended to facilitate regular and timely payment in the construction industry. Among other things, CIPAA introduced the...
Retrenchment should always be perceived as the “last resort” for a business. We explore some alternatives to retrenchment that employers can consider to maintain business viability while retaining their workforce....
The question often arises as to whether an employee on a fixed term contract is in reality, a permanent employee. Employers may hire employees on a fixed term basis when...
What are weighted voting rights (also referred to as dual-class share structure)? The general rule for shareholders to vote in a company resolution is that every shareholder is entitled to...
The Industrial Court recently upheld an employer’s decision to retrench its employees in the middle of the pandemic, as the employer had suffered commercial setbacks. The cases of Lim Eng...
The Budget is one of the most anticipated announcements of the year. In this short article, we share our top 3 highlights and accompanying insights that are relevant to Startups...
On 25 October 2021, the Employment (Amendment) Bill 2021 (“Bill”) was tabled before Parliament for first reading. Proposed amendments to the Employment Act 1955 (“EA”) have been long overdue; the...
What are outsourced employees? An outsourced employee or “leased employee” is an individual who receives a pay check from one entity (usually a staffing or outsourcing company) but is performing...
Fine print in a document may often be skimmed over and not given too much thought. The phrase “fine print” comes from the fact that it is often in a...