Section 383
No civil proceedings to be brought in respect of bearer shares or share warrants
ActIn forceProvision 622 of 682
Section 383
Amended by15/201715/2017
(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.
Amended by15/2017
(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.
Amended by15/2017