Companies Act 2016 Malaysia Malay Version
This work manages with commendable brevity and good judgment to annotate the malaysian companies act 2016 act 777 comprehensively section by section.
Companies act 2016 malaysia malay version. Effectively all companies in malaysia will now have to operate under the companies act 2016 framework. Azman bin hussin registrar of companies malaysia tel. 03 2299 4411 menara ssm sentral no 7 jalan stesen sentral 5 kuala lumpur sentral 50470 kuala. Law of malaysia.
Malaysia s companies act 2016 came into effect on 31 january 2017 with the purpose of simplifying the business process in malaysia thus enabling companies to set up and operate with greater efficiency. Companies act 2016 ioi corporation berhad and that the company is a public company and is a company limited by shares. 1 this act may be cited as the companies act 2016. Enacted by the parliament of malaysia as follows.
The companies act 2016 ca 2016 repealed the companies act 1965 ca 1965 and changed the landscape of company law in malaysia. Dated at kuala lumpur this 27th day of march 1995. The new companies bill 2015 bill which will replace the current companies act 1965 act as a whole and is expected to be gazzetted tentatively by end of august 2016 and its implementation shall commence as early as january 2017. This article will provide an overview of the ca 2016.
The ca 2016 reformed almost all aspects of company law in malaysia. Furthermore the act will help strengthen corporate governance refine existing laws and reduce compliance costs. Overview of malaysia new companies act 2016. Lexread the loose leaf publication companies act of malaysia an annotation is a counterpart to woon s corporations law of singapore and has been the authoritative research tool for many a corporate practitioner and business.
An act to provide for the registration administration and dissolution of companies and corporations and to provide for related matters. Malaysia new companies act 2016 and company regulations 2017 print ready version on 31 august 2016 the companies act 2016 ca 2016 had been gazetted to replace the companies act 1965 old ca to provide greater flexibility certainty and ease for those operating or doing business using malaysian companies. Section 9 b ca 2016 act stipulates that a company shall have one. Short title and commencement.
The companies commission of malaysia ssm has made an important announcement that the companies act 2016 act 777 has been reprinted as at 1 november 2018 with certain minor revisions. 03 2299 400 fax. Companies act 2016. Minimum number of members.
Circumstances and procedures for rectification of documents lodged and registered with the companies commission of malaysia superseded by practice note no 6 2019 pdf.