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Singapore no profit ruleaccount of profitslimitation periods

Yong Kheng Leong v Panweld Trading Pte Ltd

[2013] SGCA 12
JurisdictionSingapore
CourtSingapore Court of Appeal
Year2013
StatusBinding authority

Summary

A director who breaches fiduciary duty by diverting profits is liable to account for those profits, and limitation periods for equitable claims were examined in this context.

Key Principle

breach of fiduciary duty by director; account of profits; limitation period for equitable claims

Area of Law

tort

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