Common Seals – Heading to Extinction

22 Mar 2017 LegisWatch

On 28 February 2017, the Companies (Amendment) Bill (the "Bill") was tabled before Parliament and passed on 10 March 2017 (but has yet to come into force). Among many other interesting amendments, there are amendments to abolish the need for companies to use their common seals which this note seeks to address. The other amendments are addressed separately in our other updates.

If you have any queries or would like to know more about how these changes may impact you, please contact:

Annabelle YIP
Joint Head – Corporate Governance & Compliance Practice Practice
d +65 6416 8249
Click here to see Annabelle’s CV.

Alvin CHIA
Partner – Banking & Finance Practice
d +65 6416 8214
Click here to see Alvin’s CV.