Singapore legislation
Section 62
Section 62
Disqualification under Companies Act 1967
(1)
Subject to any leave which the General Division of the High Court may give pursuant to an application under subsection (2), a person who is subject to a disqualification or disqualification order under section 149, 149A or 154 of the Companies Act 1967 must not act as manager of a limited liability partnership during the period of the disqualification or disqualification order.
(2)
A person who is subject to a disqualification or disqualification order under section 149 or 154 of the Companies Act 1967 may apply to the General Division of the High Court for leave to act as a manager of a limited liability partnership during the period of the disqualification or disqualification order, upon giving the Minister at least 14 days’ notice of the person’s intention to apply for such leave.
(3)
On the hearing of any application under subsection (2), the Minister may be represented at the hearing and may oppose the granting of the application.
(4)
Any person who contravenes subsection (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $10,000 or to imprisonment for a term not exceeding 2 years or to both.[37