Company Law
In Sim Poh Ping v Winsta Holding Pte Ltd, 2 a director submitted that he was not in breach of the no-conflict rule as he had not favoured his own interests over those of the plaintiff group since he had no interests in the defendant corporations to whom the opportunities had been diverted. This is a...
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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2021
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/sol_research/4020 https://search.library.smu.edu.sg/discovery/fulldisplay?docid=cdi_rmit_collectionsjats_search_informit_org_doi_10_3316_informit_316848008682009&context=PC&vid=65SMU_INST:SMU_NUI&lang=en&search_scope=Everything&adaptor=Primo%20Central&tab=Everything&query=any,contains,Singapore%20Academy%20of%20Law%20annual%20review%20of%20Singapore%20cases%202020%20company%20law&offset=0 |
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| Institution: | Singapore Management University |
| Language: | English |
| Summary: | In Sim Poh Ping v Winsta Holding Pte Ltd, 2 a director submitted that he was not in breach of the no-conflict rule as he had not favoured his own interests over those of the plaintiff group since he had no interests in the defendant corporations to whom the opportunities had been diverted. This is an extremely narrow conception of the no-conflict rule and was rightly rejected by the Court of Appeal, which pointed out that a breach of this duty can take place if the interests of a third party are preferred over those of the party to whom the duty is owed. |
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