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YOUR PERFECT LEGAL COMPANION
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A company consists of two main components, namely the members and the board of directors (“BOD”). The former has certain rights they can exercise while the latter is in charge of managing the business and affairs of the company. Certain…
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Are you a consumer who is frustrated with an airline’s response towards your complaint? Consider forwarding it to MAVCOM. What is MAVCOM? MAVCOM is the acronym for the Malaysian Aviation Commission. It is an independent body set up under the…
Employees seeking flexibility in their working hours may apply for flexible working arrangements (FWA) with their respective employers under the amendment to the Employment Act 1955 which will come into force on September 1st. This means that the Employment Act…
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What is it? Organised by the Malaysian Bar, it was originally intended to be a march to Parliament on the 17th of June. However, the police disallowed the march. As such, the peaceful protest was held at Padang Merbok, beginning…
Judicial Management (“JM”) is a temporary court-supervised rehabilitation plan introduced through the Companies Act 2016 (“CA”) to assist financially distressed companies by providing an opportunity to rehabilitate and restore themselves back to profitability. Basis of Application Under s404 CA, an…
Corporate Voluntary Arrangement (“CVA”) is modelled after the English Insolvency Act 1986. It provides short term protection to a company against legal action form creditors while the directors manage the company. This procedure is designed to be expeditious with minimal…
Corporate rescue procedures provide an alternative to the immediate liquidation of the ailing company, seeking to provide companies in financial difficulty with a period of respite in which compromises and rescue arrangements can be made. Companies facing financial difficulties have…
The Minister in the Prime Minister’s Department (Parliament and Law) shared a statement on the 10th of June stating that, “The government has agreed to abolish mandatory death penalties in this country with substitute punishments at the discretion of the…
Recently, a suit challenging the constitutionality of vernacular schools was dismissed. The Muslim teacher group that brought the suit has plans on appealing the decision. Regardless of the outcome of the upcoming appeal, it has stirred up discussion online as…
Introduction Company meetings are where resolutions are passed and where decisions regarding the companies’ management, administration and business direction directions are made. According to Sharp v Dawes, a meeting is a coming together of more than 1 person. As such,…
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