Some practical considerations and problems in making a claim against a company as a contingent or prospective creditor are also examined. Particular attention is paid to the problem of proving non-contractual claims for unliquidated damages in the winding up of the insolvent company. Since 1981, Singapore courts have the power, upon granting a decree which terminates a marriage, to order the division between the spouses of matrimonial assets which they had acquired during the course of the marriage. This article discusses this power as part of the law on the effect of marriage upon the ownership of assets. It examines the scope of the power as it has been developed by the courts and suggests improvements should an amendment be contemplated.
Income is taxed when it accrues in, or is derived from or is received in Singapore.
There is much uncertainty over how income will be received for tax purposes. This article explores the received basis of income taxation. This article examines the issues to be considered in deciding whether an installment sales contract can be discharged for breach. It uses the above recent High Court case as a framework for discussion and suggests an alternative analysis of the facts of that case. Back to Top Financial Relief in Singapore after a Foreign Divorce - Debbie Ong Siu Ling The Singapore High Court can grant financial relief only when it is granting a decree of divorce, separation or nullity of marriage.