When business disputes happen, oppression company law protects minority shareholders in Singapore. This law helps individuals who own smaller shares in a company stand up against unfair treatment by directors or majority shareholders. Whether you’re an investor or a founding partner, you have legal rights—and it’s important to understand how to use them.
What Is Oppression in Company Law?
In company law, oppression occurs when those in control of the company—such as directors or majority shareholders—treat minority shareholders unfairly. These actions might not break the law directly, but they still cause harm.
Here are common examples of shareholder oppression:
- Excluding minority shareholders from key decisions
- Blocking access to company accounts or records
- Using company money for personal purposes
- Issuing new shares to reduce minority ownership
These actions often leave minority shareholders with limited control and financial loss. That’s why Singapore law gives them a chance to challenge such behavior.
How Singapore’s Oppression Company Law Helps You
Singapore’s Companies Act 1967, specifically Section 216, gives minority shareholders the power to go to court. You can take legal action when someone runs the company in a way that unfairly affects you.
The court can:
- Stop the company from continuing unfair practices
- Order majority shareholders to buy your shares
- Change how the company operates
- In serious cases, close the company
These solutions aim to fix the unfair treatment while keeping the company stable whenever possible.
Why You Should Take Action Quickly
If you’re facing shareholder oppression, act early. Collect emails, meeting notes, and financial records that show the unfair conduct. Then, speak to a lawyer. Quick action helps you protect your position and increases your chances of a successful resolution.
Waiting too long may lead to missing evidence or lost opportunities for early negotiation.
Get Help from Adel Law LLC
At Adel Law LLC, we help clients resolve disputes under oppression company law. We listen, assess your situation, and guide you through your legal options. Our goal is to protect your rights and reach a fair outcome.
📞 Contact Us Today
Website: https://adellaw.com.sg
WhatsApp: +65 8399 7923
Phone: +65 6029 3070
