Making Singapore Company Law More Singaporean? -- A Critical Examination of the Recent Revision of the Companies Act in the Light of Comparative Law

Abstract

Singapore amended its company law recently, resulting in the Companies (Amendment) Act 2014 which brought the largest and most significant changes to the existing company law since it was first enacted in 1967. It is also so far the clearest demonstration of indigenousness of the Singaporean legal system with respect to corporate law, possibly intended to dilute the colour of its English origin and make the law more a product of Singapore’s local conditions. This paper introduces and examines the major amendments, and discusses their profound implications from the perspectives of legal transplant and comparative law.