Companies Act (Cap. 50): Primary legislation governing corporate matters including share transfers, directors' duties, resignation procedures, statutory requirements for company ownership changes, and share capital modification requirements
Securities and Futures Act (Cap. 289): Legislation governing securities trading, share transfers, disclosure requirements and related regulations for company securities
Employment Act (Cap. 91): Laws governing employment relationships, including treatment of outstanding benefits, notice periods, and non-compete provisions if co-founder was also an employee
Contract Law (Common Law): Fundamental principles ensuring valid contract formation including consideration, clear terms, capacity to contract, and valid offer and acceptance
Personal Data Protection Act 2012: Legislation governing the handling of personal information and confidentiality requirements in business relationships
Competition Act (Cap. 50B): Laws governing fair competition, including restrictions on non-compete clauses and market competition considerations
Income Tax Act: Tax legislation covering implications of share transfers, capital gains considerations, and stamp duty requirements
Company Constitution: Internal governing document of the company that may contain specific provisions affecting co-founder exit
Shareholders' Agreement: Existing agreement between shareholders that may contain specific provisions for co-founder exit and share transfers
IP Rights Legislation: Laws governing intellectual property rights and their transfer or retention during co-founder exit
Existing Contracts: Any pre-existing contracts, loan agreements, or personal guarantees involving the co-founder that need to be addressed
