For subscribers
News analysis
Regulations on company directors’ eligibility and appointment may need updating
Sign up now: Get ST's newsletters delivered to your inbox
Experts told ST that there needs to be a relook into how directors are appointed.
PHOTO: ST FILE
Follow topic:
SINGAPORE - Recently, several company directors have found themselves in hot water and were brought to task under the Companies Act for not being good stewards of the businesses under their care.
Their wrongdoings ranged from minor offences such as not holding regular annual general meetings or not filing annual returns on time, to more serious ones like dereliction of duty, cheating and fraud.
