BSP1004 Tutorial3 - Tutorial 3 1 Happening Place Pte Ltd is...

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Tutorial 3 1. Happening Place Pte Ltd is regulated by Table A of the Fourth Schedule of the Companies Act. Tuf Tan holds 45% of the shares in Happening Place Pte Ltd. Advise Tuf Tan and the directors as to the following: (a) The directors appoint Gay Sum as the company’s public relations officer (ie an employee). Gay Sum has a personal conflict with Tuf Tan on one occasion. As a result, at a requisitioned meeting of the members Tuf Tan manages to get a resolution directing the directors to fire Payne Soh. The directors refuse to obey. (b) Tuf Tan is also unhappy that one director’s mistress Lolli, has been appointed production manager (ie an employee) of the company’s factory. . 2. Rain, Snow and Moon are directors of Nature Productions Pte Ltd. Advice them as to whether they can continue as directors in the following circumstances: (a) A month ago, Moon was declared a bankrupt by a court in Malaysia where he has property and business dealings. Moon is still acting as a director of Nature Productions Pte Ltd.
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BSP1004 Tutorial3 - Tutorial 3 1 Happening Place Pte Ltd is...

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