Companies Act 1967 · s 383

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s 383No civil proceedings to be brought in respect of bearer shares or share warrants

(1)

Any allotment, issue, sale, transfer, assignment or other disposition in Singapore of any bearer share or share warrant by a foreign company registered under this Division is void.

(2)

No civil proceedings may be brought or maintained in any court for or in respect of any bearer share or share warrant allotted, issued, sold, transferred, assigned or disposed by a foreign company registered under this Division.