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In most jurisdictions, a liquidator's powers are defined by statute. [3] Certain powers are generally exercisable without the requirement of any approvals; others may require sanction, either by the court, by an extraordinary resolution (in a members' voluntary winding up) or the liquidation committee or a meeting of the company's creditors .In the United Kingdom, see sections 165-168 of the ...
Having wound-up the company's affairs, the liquidator must call a final meeting of the members (if it is a members' voluntary winding-up), creditors (if it is a compulsory winding-up) or both (if it is a creditors' voluntary winding-up). The liquidator is then usually required to send final accounts to the Registrar and to notify the court.
The Companies Act 1965, in its current form (15 August 2007), consists of 12 Parts containing 374 sections and 10 schedules (including 36 amendments).
Singapore will raise the salary criteria for foreign executives and professionals that companies can hire starting next year, the government announced on Monday. From January next year, foreigners ...
Church services ceased to be an official part of the ceremony when Singapore joined the Federation of Malaysia in 1963, [62] though members of the legal profession continued to attend special services in an unofficial capacity. [63] Following Singapore's full independence in 1965, the ceremony became known as the Opening of the Legal Year. [64]
[31] [32] The company collapsed in 1985 due to unsettled forward contracts, forcing the stock exchanges of both Singapore and Malaysia to shut down for three days. [33] At its demise, the company had a total debt of S$480 million, and all its shares held by 5,500 shareholders were found to be worthless overnight.
Malaysia and Singapore first agreed to build the 350-kilometer line in 2013, and signed a bilateral agreement in 2016. Train services were meant to commence by 2026.
The company started initially as Hydrochem (S) Pte Ltd in 1989 [3] with a start-up capital of S$20,000 and three staff, selling water treatment systems. [4] [5]By January 2001, Hyflux had become the first water treatment company to be listed on SESDAQ, and was upgraded to the Singapore Exchange's Mainboard in April 2003.