Business

How does an escrow account work in Singapore?  

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Parvathi Annanth

Par is a senior lawyer based in Singapore. She is a Barrister-at-Law called to the Bar of England and Wales and an Advocate and Solicitor admitted to the Supreme Court of Singapore. Equipped with her wealth of work experience as a Chief Executive Officer and as a qualified Education Officer, Par’s legal practice spans across administrative and constitutional law, employment law, civil and commercial litigation, family law, insurance law, immigration law, workers’ compensation claims and criminal law. After earning her Masters-in-Law in Cross Border Business and Finance Law from the Singapore Management University in the year 2018, she now largely focuses her practice in corporate work and cross border transactional matters. Par is effectively bilingual and is a Singapore International Mediation Institute (SIMI) accredited Cross Border Mediator. Her relationship-based mindset and results-driven style help her bridge cultures, making her cross-border work more effective and relevant. Her advocacy and negotiation skills are well demonstrated when she represented a Charity in their fire insurance compensation claim. The insurer had offered a compensation sum of S$49,000 only. But Par managed to secure the Charity a compensation sum five times the original sum when the case concluded as out-of-court settlement. Aside from her legal work, Par has also served the Law Society of Singapore in its various sub committees. She is currently serving in various societies and organisations and is an active community leader.

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