Financial Assistance - the Case for Re-Examining Section 76 of the Companies Act
Section 76 of the Companies Act prohibits the giving by a company of financial assistance for the purpose of or in connection with the acquisition of its own shares. This penal provision is highly controversial in view of its breadth and uncertainty in its application. In the recent criminal prosecu...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2007
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| Online Access: | https://ink.library.smu.edu.sg/sol_research/792 https://ink.library.smu.edu.sg/context/sol_research/article/1791/viewcontent/2007_19_SAcLJ_80_Wan.pdf |
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| Institution: | Singapore Management University |
| Language: | English |