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Casting a light on shadow directors
Published Sun, Jul 9, 2017 · 09:50 PM
IN general, a person formally becomes a company director by a resolution of the board or shareholders. However, a person may have the same legal duties and liabilities of a director despite not being formally appointed as one. Singapore corporate law recognises the concept of a shadow director, otherwise described as the "puppet master" or "cat's paw" who acts as the directing mind of a company.
In a case decided…
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