Practical Application of Commercial Law

  

About this Course

Ignorance of the law is no defence and in the business world if you are unaware about what is your legal rights and duties are you may find yourself in a disadvantages position when you are dealing with business transactions or entering into an employment contract.

This training program will equip you with an effective working understanding of the fundamentals of Singapore commercial law.  In particular you will learn how the Singapore legal system works and how laws are traditionally classified. Through an understanding of this, you will be introduced to the various aspect of corporate law that governs how businesses in Singapore and elsewhere are administered.

This highly interactive and result-focused course specifically aims to take out the complexity in the interpretation of the various legislations and legal concepts and will help you to appreciate the how binding contracts are made, what to look out for in an employment contract, safe-guarding your intellectual and personal property and how not to get sued.

Objectives

Upon completion of this workshop, participants will be able to;

The basics of commercial law

  • Understanding Singapore Legal System & Constitutional Law
  • Understanding the corporate regulatory framework in Singapore
  • Understanding ACRA’s role in the corporate regulatory environment

Namely in formulating laws, administering laws and enforcements of

The laws under its purview

  • Understanding the basic requirements/ambit of the Companies Act,

Business Registration Act, Limited Liability Partnership Act, Limited

Partnership Act and its applications

  • Understanding how contracts are made and secured
  • What goes into a contract
  • Terms and conditions – what do they mean and their impact on the contract
  • Defects that can arise in a contract
  • Remedies in contract
  • Discharge of contract

Employment Law

Law relating to Negligence and Defamation

Target Audience

HR Managers, Finance Officers, Legal Secretaries, PR officers, Procurement Officers, Project Managers, Technical-based Professionals and Small and medium size enterprise directors.

Duration

Two days

Curriculum

  • A Brief Overview of the Legal History of Singapore
  • Understanding the Impact of the Singapore Constitution and What it Really Means
  • How The Singapore Court Structure Works to Administer The Law
  • The Role of ACRA in Formulating The Law
  • Identifying the Sources of Commercial Law in Singapore and its Impact
  • Introduction to Legislation Governing the Formation, Administration and Governance of Business
  • Understanding the Nature of Sole Proprietorship
  • Understanding the Nature of Partnership
  • An Appreciation of the Advantages and Disadvantages of the Three Types of Partnership Arrangement – General Partnership, Limited Partnership and Limited Liability Partnership
  • Understanding the Nature of Limited Liability Company
  • Difference Between Public, Private and Exempt Companies
  • Roles and Responsibilities Imposed on Company Officers and Understanding the Enforcement Actions for Non-Compliances. What Happens Before a Company is Incorporated and What Happens After
  • Understanding Contract Law
  • The Four Elements Required in a Valid Contract
  • How to Secure a Contractual Agreement?
  • Defects and Remedies in Contract
  • Discharge of Contract
  • Law Relating to Intellectual Properties
  • Law Relating to Negligence and Defamation
  • An Appreciation of Employment Law

Methodologies

Owing to the intense nature of this course, the approach that will be taken in delivering this program will be based on the trainer providing a case law scenario and getting participants to consider from their practical and common sense observation what the answer should be.

Subsequently the trainer will guide the participants through the legal aspect of the situation and get them to synthesize their original observation with the new body of knowledge that they have gained. 

Thus the approach to this program will be scattered with many interactive and interesting discussion on the various aspects of corporate law that is intended to stimulate the curiosity nature of the participants. The participants will be provided with a workbook book which will contain the important aspects of corporate law and case studies with space enough for them to take notes for future references. 

This will be coupled together with the trainer’s discussion through Powerpoint presentation and verbal discussion.  Highly interactive and mentally stimulating workshop.

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