MSWG Webinar
Managing Liability of Officers Under Corporate Law
28 June 2023, 09.30am - 12.30pm
Speaker: Dr Loganathan Krishnan
The Companies Act 2016 which replaced the Companies Act 1965 has extensively made changes to company law. One of the major changes is attaching liabilities to officers.
The term officers itself may catch many off guard as it is not akin to what is commonly understood. Additionally, liabilities are attached on officers for conduct which is considered unacceptable from a legal perspective.
Hence, it is essential that officers are cognizant of these provisions and manage their liabilities within the parameters of the law. Otherwise, they could be liable unnecessarily. Case law has proven this further as can be observed since the enactment of the Companies Act 2016.
Learning Outcome:-
- Participants will be able to demonstrate the extent of their liabilities to the company they are attached to.
- Participants will be able to distinguish the various statutory provisions under the Companies Act 2016 which attach liability on officers.
- Participants will be able to debate whether the relevant statutory provisions applied to real life cases were appropriate or otherwise.
- Participants will be able to evaluate the real-life cases and appraise the extent of the liabilities.