Sample terms for amendments of Articles of Association to allow company to issue preferential shares.
Year: 2017
The Law Relating to Director’s Duties and Liabilities
Questions and Answers with regards to Director’s duties and liabilities.
Freehold vs Leasehold Titles
Freehold and Leasehold Titles According to the National Land Code, 1965 (Act 56 of 1965), Section 40 asserts that all State land belongs to the State authority. When a plot of land is disposed by the authority to an individual…
Malaysia’s Drug Laws: More than just Death Penalty
Possession of drugs in Malaysia is no joking matter. Drug regulation is governed by the Dangerous Drugs Act (DDA) 1952, ANYONE regardless of his/her nationality can be arrested and punished under this Act if convicted.
Defending A Bankruptcy Proceeding Under The Insolvency Act 1967
How can I defend against any bankruptcy proceedings filed against me? Generally, you can defend and/or resist the bankruptcy proceedings against you at any stage. However, under the Insolvency Act 1967, it is stated expressly that you can only resist…
Gun Regulations In Malaysia
The gun laws are restrictive in Malaysia. There are two acts that control possession of guns: The Arms Act 1960 and The Firearms (Increased Penalties) Act 1971.
Q&A For Malaysia My Second Home (MM2H) Programme
Q&A to all the queries on Malaysia My 2nd Home.
5 Important Facts To Know About Buying A Landed Property (Under Construction) In Malaysia
Buying a property can raise some concerns, especially if you are a first time buyer. Below are the FIVE basic things that you may want to know before investing your hard-earned money into something as liberating as owning a property.
What To Do If You Were Unfairly Dismissed From Employment?
TWO TYPES OF DISMISSAL Direct dismissal – an employer decides to end the employment relationship, and dismisses the employee by way of a formal letter of termination. Constructive dismissal – an employee is forced to resign due to a fundamental…
WELCOMING THE LEAP MARKET: A NEW FUND-RAISING PLATFORM FOR SMEs
Currently, 96% of small and medium enterprises (SMEs) funding comes from the banking sector, an indication of its huge dependence on financial institutions for its growth and survival.
[Member] Looking Ahead: How Blockchain Might Change The World?
Recently, there are a lot of discussions surrounding “Bitcoin”, “blockchain” and “cryptocurrency”. These are closely related concepts but they are not synonymous. This article provides some basic definitions for these terms, and explains how they might disrupt traditional business practices…
Key Snapshots Of The Companies Act 2016
From 31st January 2017 onwards, all companies in Malaysia will operate under the Companies Act (CA) 2016.
General Differences between Will and Trust
Will Trust A will is a declaration containing a person’s (testator’s) intentions regarding the distribution of his assets after his death. A trust is a legal arrangement in which the settlor authorises a person (known as…
10 Basic Things You Need To Know About Goods and Services Tax (GST)!
Q1: What is GST? The Goods and Services Tax, more commonly known as GST, is a consumption tax based on the value-added concept, replacing the sales tax and service tax. In Malaysia, GST were implemented since 1 April 2015, fixed…
5 Things You Need To Know About Money Laundering In The UK
Money laundering is an activity that enables criminals and drug dealers to disguise the proceeds of their crimes so that the fruits of their crimes can be enjoyed without jeopardizing their criminal activities.
ANIMAL WELFARE ACT 2015: SAY NO TO ANIMAL CRUELTY!
The Animal Welfare Act (AWA) 2015 is the latest Malaysian law on animal rights, enforced since 18 July 2017. Note that the 2015 Act does not replace the Animals Act 1953 (as amended in 2013). Rather, it represents an expansion…
Children Custody Always Belongs To Mother – A Mere Presumption?
Misconceptions about Child Custody in Malaysia It is wrong to assume that a child custody always belongs to the mother. In fact, the Guardianship of Infants Act 1961 (GIA) states that a mother and a father have equal rights and…
What Constitutes Construction Defects?
Construction defects are one of the most common causes of disputes and litigation in the construction industry, as there are often disagreements when it comes to identifying what construction defects are.
THINGS YOU NEED TO KNOW WITH TENANT EVICTION
It is quite a common practice where landlords, upon a breach of tenancy agreement by their tenants, change the locks to the premises in order to evict the tenants.
5 Things To Look Out For In A Tenancy Agreement
Is it a fixed term tenancy, periodic tenancy or tenancy at will? A fixed term tenancy has a definite beginning date and ending date and may have an option to renew in the agreement. A periodic tenancy is a tenancy…