Common Seal Singapore

Underwater Scuba Diving Social Media Advertisement (1)

Use of a Common Seal

The use of the common seal should be restricted to the minimum number of cases. It is not necessary to use the common seal for all business, such as approving minutes. The Company Law Review Act 1988 (Cth) abolished the requirement that companies have a seal and also the need for deeds to be executed under seal.

Common uses of company seals include:

  • Significant contracts (i.e. not the purchase of a roll of stamps)
  • Real (landed) property transfers and land contracts
  • Loan documents, mortgages and guarantees
  • Occasions where its use is required by a third party

Whenever the common seal is used, its use must be authorised by a resolution of the board. All uses of a company seal should be recorded in a special register kept by a company’s general counsel or legal officer. The register should contain a record of the use of the common seal together with a cross-reference to the management committee minutes authorising its use.

For more information about Common Seal Singapore, please visit https://www.aestamp.com.sg

Get a FREE 1-to-1 SEO Service Consultation

Fill up below and we will get back to you a FREE 1-to-1 SEO Service consultation on how to grow your business in Google!

Latest News

What’s New in Supplier Directory?

Penyelesaian Katering Mampu Milik: Hidangan Lazat pada Harga Bajet

Dalam dunia perancangan dan penganjuran acara, katering merupakan bahagian penting yang boleh menjayakan atau memecahkan kejayaan dalam sebarang majlis. Daripada …

Expert Cold Room Installation Services in Malaysia

Saicond is a Malaysian firm that specializes in the installation of cold rooms. Cold rooms are critical for many organizations, …

Strong and Reliable: Epoxy Glue is the Go-To Choice for Malaysia’s Builders and Craftsmen!

Epoxy glue is a type of adhesive that has become the go-to choice for builders and craftsmen in Malaysia. This …

Upgrade Your Home or Office with Affordable Used LCDs in Malaysia

In today’s digital age, electronic devices have become an integral part of our lives. Whether it’s for personal or professional …

The Importance of Air Compressors in Various Industries

Air compressors are an essential piece of equipment in a wide range of industries. They are used to compress air …

Get the Smoky Eye Look with Grey Contact Lenses

Grey contact lenses are a popular choice for those looking to enhance their natural eye color or achieve a specific …

What is the ideal temperature of a cold room?

The ideal temperature of a cold room, also known as a walk-in cooler or walk-in refrigerator, will depend on the …

How To Use A Rented Walk-In Chiller

On any given day, we may receive calls from clients wishing to hire a walk-in cooler. Walk-in cold rooms and …

blank