Irregularities in procedure – reconsidering section 392

In corporate administration, procedures, and their due compliance, are often of as much significance as the outcomes of the proceedings they regulate. The consequence of a failure to comply with procedures, whether laid down statutorily or in the company's constitution, is often the invalidatio...

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Main Author: KOH, Pearlie M. C.
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2012
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Online Access:https://ink.library.smu.edu.sg/sol_research/2188
https://ink.library.smu.edu.sg/context/sol_research/article/4140/viewcontent/Irregularities_in_procedure_S392_av.pdf
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spelling sg-smu-ink.sol_research-41402020-01-13T05:56:10Z Irregularities in procedure – reconsidering section 392 KOH, Pearlie M. C. In corporate administration, procedures, and their due compliance, are often of as much significance as the outcomes of the proceedings they regulate. The consequence of a failure to comply with procedures, whether laid down statutorily or in the company's constitution, is often the invalidation of the subject proceeding. Such invalidation may perhaps be justified on the basis that faithful compliance does much to foster a perception that the outcomes determined at the proceedings so held are fair, a perception that is vitally important to the acceptability of the outcome by all concerned. Nevertheless, it is also the case that corporate proceedings should not be invalidated only by reason of an over-concern for matters of form, and indeed, there are potentially many situations of procedural non-compliance, or irregularities, that might fall within this category. Section 392 of the Companies Act is crafted to achieve some balance between the two extremes. 2012-12-01T08:00:00Z text application/pdf https://ink.library.smu.edu.sg/sol_research/2188 https://ink.library.smu.edu.sg/context/sol_research/article/4140/viewcontent/Irregularities_in_procedure_S392_av.pdf http://creativecommons.org/licenses/by-nc-sa/4.0/ Research Collection Yong Pung How School Of Law eng Institutional Knowledge at Singapore Management University Civil Procedure Commercial Law
institution Singapore Management University
building SMU Libraries
continent Asia
country Singapore
Singapore
content_provider SMU Libraries
collection InK@SMU
language English
topic Civil Procedure
Commercial Law
spellingShingle Civil Procedure
Commercial Law
KOH, Pearlie M. C.
Irregularities in procedure – reconsidering section 392
description In corporate administration, procedures, and their due compliance, are often of as much significance as the outcomes of the proceedings they regulate. The consequence of a failure to comply with procedures, whether laid down statutorily or in the company's constitution, is often the invalidation of the subject proceeding. Such invalidation may perhaps be justified on the basis that faithful compliance does much to foster a perception that the outcomes determined at the proceedings so held are fair, a perception that is vitally important to the acceptability of the outcome by all concerned. Nevertheless, it is also the case that corporate proceedings should not be invalidated only by reason of an over-concern for matters of form, and indeed, there are potentially many situations of procedural non-compliance, or irregularities, that might fall within this category. Section 392 of the Companies Act is crafted to achieve some balance between the two extremes.
format text
author KOH, Pearlie M. C.
author_facet KOH, Pearlie M. C.
author_sort KOH, Pearlie M. C.
title Irregularities in procedure – reconsidering section 392
title_short Irregularities in procedure – reconsidering section 392
title_full Irregularities in procedure – reconsidering section 392
title_fullStr Irregularities in procedure – reconsidering section 392
title_full_unstemmed Irregularities in procedure – reconsidering section 392
title_sort irregularities in procedure – reconsidering section 392
publisher Institutional Knowledge at Singapore Management University
publishDate 2012
url https://ink.library.smu.edu.sg/sol_research/2188
https://ink.library.smu.edu.sg/context/sol_research/article/4140/viewcontent/Irregularities_in_procedure_S392_av.pdf
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