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Singapore Leading Case fiduciary dutybona fide best interestsdiligenceex turpi causa

Ho Kang Peng v Scintronix Corp Ltd

[2014] 3 SLR 329
JurisdictionSingapore
CourtCourt of Appeal of Singapore
Year2014
StatusBinding authority

Key Principle

A nominee director owes the same fiduciary duties to the company as any other director; he or she cannot abdicate independent judgment in favour of the appointing shareholder, even where commercial bribery is alleged to be customary.

Area of Law

Company law — directors' duties — nominee directors

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