troubles wrote:hi all,
i am looking for advice....
i am a foreigner working for a small Pte ltd in Singapore for the last 5 years, i have no written contract and my job is being terminated.
i am also the appointed director and a shareholder (10%).
There is no other shareholder agreement than the artcicles or association of the company.
The CEO who is based in Europe sent me an email telling me i have up to 2 weeks to leave the company because there is no work for me (!) and he is closing down soon.
Other employees have written contract with 2 months notice stated, they will continue working till may.
None of the employees are covered by the Employment Act.
I am actively looking for a job but it takes time, and i will face legal and financial issues to stay in Singapore.
I am married with kids.
my questions are:
- Legally, what is the shortest notice period i must get? Is it worth getting a lawyer?
- Starting legal actions will obviously generate some retaliations from the CEO, what can he do to make my life a pain? Specially, regarding my legal appointment as a director, and as a shareholder. As far as i know, i did not commit any faults as a director but i guess not everything is perfect...
Thanks for your advice!
Short answer is: You are screwed.
You don't have an employment contract. Therefore, any "contract" that you might have is verbal, can be disputed by those that hired you, and you have no recourse.
Unless... you say that "None of the employees are covered by the Employment Act." Why do you say this? Are all making more than the maximum for the EA? If yes, then in the absence of a contract, there is no notice period that must be given.
Being a 10% shareholder in a privately held company is worthless. You have no power whatsoever to influence shareholder meetings and the resolutions that come from them. Therefore, you can be removed as director whether you like it or not. At worst, this takes 60% shareholder vote. Can you find 51% of shareholder votes that will keep you in?
What legal actions do you think you will start? You don't have much in the way of grounds for legal action. Your director appointment can be removed without recourse by you (although they will need to ensure they have at least one "ordinarily resident" director in Singapore).
There is nothing they can do to you as a shareholder except ask you to sell out. As a 10% minority you have zero power unless your articles of association state otherwise.
I don't think you have any legal recourse. If there are customers in the company, I would be inclined to form my own company and steal them from the one you are working for.