Based on the Employment Act, the minimum benefit for compensation due to retrenchment can be referred to the ternimation benefit scale: a) Less than 2 years service, 10 days wages for every year employedb) 2 to 5 years service, 15…
Year: 2005
[MEMBER] Disputes 2 Between Probation & Confirmation
[2002] 3 CLJ 133 PDF [Insert Company Name & Address] [Name of Employee], [Insert Company Name], [Name][CIVIL APPEAL NO: ][Date] JUDGMENT [Name of Employee]: Contrary to the submissions of counsel for the appellants, this appeal raises no point of law of any importance.…
Legal Issues Between Confirmed & Probation Staff
Browse Legislation Article Practice Notes Forms My CLJ Members’ Menu Sign Out [2005] 4 CLJ 66 PDF [CIVIL APPEAL NO: JUDGEMENT Arifin Zakaria FCJ: The Background This is an appeal against the decision of the learned High Court Judge in dismissing the…
Distributorship & Agency
The principal’s obligations in respect of commission The obligation on the principal to pay commission to the agent should be straightforward. The agent takes the order which the principal accepts or confirms. The principal supplies the goods ordered and pays…
Agents, Distributors and Joint Ventures, The Differences
Agents, Distributors And Joint Ventures In International Commerce I. INTRODUCTION There are many means and methods of doing business abroad. Most people who do business abroad or who are considering expanding into the international arena are familiar with the terms…
[MEMBER] Sale & Purchase Agreement of Property #Vendor has no loans #Oct21
This is a sample for Sale of Property whereby the Vendor has no outstanding loans and with title.
Letter Of Employment, (Short Version, General)
Name Address Date : RE : LETTER OF APPOINTMENT We are pleased to offer you employment as a ___________________ with effect from ______ 20__ on the following terms and conditions. 1. Commencement Salary Your basic salary will be…
Deed Of Partnership (Property)
DEED OF PARTNERSHIP AGREEMENT THIS AGREEMENT made the __________ day of ___________________ 20__ between A. [Company Name] [Company No: ] a Malaysian Corporation formed in accordance to the Companies Act whose registered address and principal place of business is located…
[MEMBER] Sales & Purchase of Land [EP]
SALE AND PURCHASE AGREEMENT AN AGREEMENT made the day and year stated in Section 1 of the First Schedule annexed hereto BETWEEN [Company Name] (Company No. ), a company incorporated in Malaysia and having its registered office at [Address] and its place of business at [Address] (hereinafter…
[Member] Building Contract Template
BUILDING CONTRACT AN AGREEMENT made the day and year stated in Section 1 of the First Schedule hereto Between the party whose name and description are stated in Section 2 of the First Schedule hereto (hereinafter referred to as…
[MEMBER] #Sales & Purchase Agreement of Property #W Strata Title #Oct 21
AGREEMENT TO ASSIGN THE AGREEMENT TO ASSIGN is made the day of 20__ Between [Name] [Identity Number] of [Address] (hereinafter together…
Late Delivery of Property – Your Rights As A Purchaser
Your legal rights to sue the developer late delivery of vacant possession – General For residential accommodations (i.e apartments or landed properties), the Sale & Purchase Agreement generally follows a standard format of agreements determined in the Housing Developers…
Foreign Investment Committee
Foreign Investment Committee Key Points to note before you buy a property in Malaysia: 1. The requirement of state consent principally there are two types of state consent. not all properties in Malaysia requires state consent. to note that…
Resolution [Opening of Accounts]
Sample for resolution for opening of an account _______________ Sdn Bhd (company no: ______________ ) Directors Resolutions in writing made this (date) pursuant to Article 81 of the Article of association of the company. Resolved: Opening of bank account: That…
[Member] First Director Annual General Meeting
Management and Formation of Company Sample of a first director’s resolution _______ Sdn Bhd (Comp. No. ________________ ) Notice is hereby given that the First Directors’ Meeting will be held at No. _______ (address) ______ on…
Appointment of Directors
Various Types of Directors in a limited and public company The types of directors can be categories into the following namely executive director, non-executive director or the managing director. We shall not dealt with the obvious reasons into how they…
[Member] Amendment of Articles
Sample – Amendments to the Share Capital and Variation of Rights in the Article of Associations Editorial notes: This would be great for companies who intend to issue out ‘preferential shares’ to new shareholders – particularly internet related companies…
Director – A Bankrupt
Directors’ duties and liabilities in a company Where does he gets he power from? The directors powers and duties are stated in the articles of association and also the board where the power of management lies. What…
[Member] Director’s Breach of Non-Compete Clause
Opinion – potential civil suit against employee who breaches contract of employment. The fact: possible breach of contract of employment and contravention of the Companies Act in which all directors are bound in addition to the contract of employment. There…
Share Buy Back
Before the regional economic crisis, the notion of shares buyback hasn’t been a very popular concept at all among the Malaysian Corporation. However, since the slump of the stock market which has deteriorated the company’s shares, certain companies in…