While purchasing a property, one will not feel secure by merely signing only the Letter of Offer and Letter of Acceptance, notwithstanding the vendor or the purchaser. This insecure feeling of will persist until the signing of the formal agreement…
Author: MyLegalWeb
[Member] Personal Wrong Against Company vs Corporate Wrong Against Company
Where a minority shareholder is aggrieved by a majority shareholder’s actions, the filing of an oppression action may seem like the immediate and natural port of call. This may be for a few reasons, where the minority shareholder would primarily…
Insolvency (Amendment) Bill 2020
On September 2020, the Insolvency (Amendment) Bill 2020 (“Insolvency Bill”) was passed with a simple voice majority in the Dewan Rakyat without any amendments. The Bill seeks to amend the Insolvency Act 1967. Aim of Amendment The amendment is intended…
Subpoena in Malaysia
I’ve been Subpoenaed ! What is a Subpoena? A subpoena is issued by the Court at the request of parties in civil proceedings to compel a person to attend Court as a witness. Here, the witness will be required to…
Cryptocurrency in Malaysia
What is Cryptocurrency? A cryptocurrency is a sort of digital currency that uses cryptographic techniques to control its creation. You’ve probably heard of Bitcoin, which is currently the world’s best-known cryptocurrency. Bitcoins and other types of cryptocurrency exist thanks to a technology…
Mareva Injunctions
What are Mareva Injuctions? A Mareva injunction is a court order which temporarily restrains the party being sued (defendant) from disposing of his/ her assets until the determination of the case between the suing party (plaintiff) and the defendant. The…
Abortion in Malaysia
In Malaysia, where contraception is a privilege for educated and informed family planning folks, unplanned pregnancies among unmarried young women is rising. The recent increase of baby dumping cases is alarming, and young women are shamed for getting pregnant out…
Road Transport (Amendment) Act 2020
The Road Transport (Amendment) Ac 2020 (RTA) came into effect on the 23rd October. This amendment brings heavier penalties for traffic offences, particularly those related to Sections 41 to 45. The amendments include Section 41 of the Road Transport Act…
[Member] The Introduction of Section 17A of the Malaysian Anti-Corruption Commission Act 2009
The Malaysian Anti-Corruption Commission Act 2009 (MACC Act) has been amended, among others, to introduce corporate liability provision for bribery and corruption under Section 17A, which came into effect on 1st June 2020. The enforcement of Section 17A of the MACC Act would be to fulfil the international…
Corruption in Malaysia
What Is Corruption? Corruption is the act of giving or receiving of any gratification or reward in the form of cash or in-kind of high value for performing a task in relation to his/her job description. An example, a contractor…
12 Important Rules of Court Amendment 2020
ORDER 1 RULE 4 Court is able to practice “remote communication technology” ORDER 10 RULE 1 Electronic communication is a new mode for service of Writ and Statement of Claim ORDER 33A Any hearing and/or trial may be conducted online…
“No Refund and No Cancellation Policy”
Here’s a common scenario, “Ron is interested to join a gym which newly opened near his home. The gym offers him an attractive package – pay a lump sum upfront for a whole year’s membership in order to get a…
What You need To Know about the Environmental Law in Malaysia.
Environmental Law Enforcement The Environmental Quality Act 1974 (“EQA”) is the primary legislation which deals with the environmental protection and enforcement in Malaysia. The Department of Environment (“DOE”) is a government agency responsible for ensuring compliance with the provisions of the EQA and…
Overview Of Sale Process
Offer to Purchase Payment of first 10% of purchase price Signing of the Sale and Purchase Agreement (SPA), Deed of Mutual Covenant (DMC) (if applicable), Memorandum of Transfer (if sub-divided title issued) For non-Malaysian, they are required to seek approval…
Rebates by Developers
Generally, maximization of sales is the primary business objective, for which various strategies are followed by companies and developers. One of those strategies is providing a discount or rebate to buyers as an incentive to own a property. Discounts are the…
Things to know before signing your Employment Contract
After receiving that exciting news that you’ve got a job, the final step to secure your employment offer is the moment you sign your name on the dotted line of your employment contract. But before you do, consider going through…
Can Employers Retrench Their Employees due to the Covid-19 outbreak?
There have been many waves of retrenchments in Malaysia which has been increasing consecutively every year. The COVID-19 pandemic has placed much strain on businesses, as government lock-downs and movement control across the globe make it difficult to secure new…
The Law of Negligence in Malaysia
Learner Driver? Better Learn Quickly! So, what should a learner driver do when they have harmed another road user? Are they liable? Can you sue them for compensation? Well, its sad to say, Yes! they are liable and you, as…
Essential Elements of a Contract in Malaysia
What is a Contract? Contract is an official agreement. It could be written or even be in oral where it can be written by using formal or informal terms, or entirely verbal or spoken. Making a contract is not as…
Why Is It Important To Make A Will ?
Why Is It Important To Make a Will? A will is one of the best gifts you can leave for your loved ones in the event of your death. By making a will, you ensure that your estate is distributed…