| PP v Khor Yi Xiong, Aaron |
Section 175(1)(b) read with section 175(4)(a) and section 408(3)(b) of the Companies Act, Cap. 50; and
Section 197(1)(b) read with section 197(6) and section 408(3)(b) of the Companies Act, Cap. 50.
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On 22 December 2022, Khor Yi Xiong, Aaron (“Mr Aaron Khor”), a nominee director of 283 companies, was convicted in State Court No. 7A of 7 charges under section 175 and 7 charges under section 197 of the Companies Act, for failing to hold the annual general meeting and file the annual return for 7 companies. Another 16 charges for the same offences relating to 8 other companies, were taken into consideration for the purpose of sentencing. Upon his conviction, Mr Aaron Khor was fined $1,400 per charge, amounting to a total fine of $19,600.
Pursuant to section 155 of the Companies Act, Cap. 50, he was also disqualified from acting as a director of any company, or being directly or indirectly involved in the management of a company, for a period of 5 years. |
| PP v Tham Wan Loong Jerome |
Section 175(1)(b) read with section 175(4)(a) and section 408(3)(b) of the Companies Act, Cap. 50; and
Section 197(1)(b) read with section 197(6) and section 408(3)(b) of the Companies Act, Cap. 50.
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On 6 December 2022, Mr Tham Wan Loong, Jerome (“Mr Jerome Tham”), a nominee director of 157 companies, was convicted in State Court No. 7A of 7 charges under section 175 and 7 charges under section 197 of the Companies Act, Cap. 50 for failing to hold the annual general meeting and file the annual return for 5 companies. Another 20 charges relating to 8 other companies for the same offences, were taken into consideration for the purpose of sentencing. Upon his conviction, Mr Jerome Tham was fined $1,400 per charge, amounting to a total fine of $19,600.
Pursuant to section 155 of the Companies Act, Cap. 50, he was also disqualified from acting as a director of any company, or being directly or indirectly involved in the management of a company, for a period of 5 years.
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| PP v Ching Lee Lian |
Section 401(2A)(a) of the Companies Act, Cap. 50 |
On 7 November 2022, Ms Ching Lee Lian (“Ms Ching”) was convicted by the state courts for an offence under section 401(2A)(a) of the Companies Act, Cap. 50 for making a false declaration to the Accounting & Corporate Regulatory Authority (“ACRA”). Ms Ching had applied to ACRA to strike off M/s Axpect Global Pte Ltd, a company that she was a director of. Ms Ching had falsely declared to ACRA that the company had no existing assets and liabilities, despite the company owing a creditor the sum of $35,625. Upon her conviction, Ms Ching was fined $12,000. Pursuant to section 154 of the Companies Act Cap. 50, she was also disqualified from acting as a director of any company, or taking part in the management of any company, for a period of 5 years.
It is an offence under 401(2A)(a) of the Companies Act, Cap. 50 to lodge any document with ACRA knowing that document to be false or misleading in a material aspect. The prescribed maximum sentence for committing such an offence is a fine not exceeding $50,000 or to imprisonment for a term not exceeding 2 years or to both. |
| PP v Tan Hock Lye Lawrence |
Section 175(1)(b) read with section 175(4)(a) and section 408(3)(b) of the Companies Act, Cap. 50; and
Section 197(1)(b) read with section 197(6) and section 408(3)(b) of the Companies Act, Cap. 50. |
On 3 October 2022, Mr Tan Hock Lye Laurence (“Mr Lawrence Tan”), a nominee director of 207 companies, was convicted in State Court 7A of 7 charges under section 175 and 7 charges under section 197 of the Companies Act, Cap. 50 for failing to hold the annual general meeting and file the annual return for 7 companies. Another 19 charges relating to 13 companies for the same offences, were taken into consideration for the purpose of sentencing. Upon his conviction, Mr Lawrence Tan was fined $1,500 per charge, amounting to a total fine of $21,000.
Pursuant to section 155 of the Companies Act, Cap. 50, he was also disqualified from acting as a director of any company, or being directly or indirectly involved in the management of a company, for a period of 5 years. |