Companies Winding Up Rules 1972 Malaysia Download
Guidance note preparatory work pre appointment 6.
Companies winding up rules 1972 malaysia download. Winding up of schemes etc. Companies winding up rules 1972 p u. A 289 1972 in exercise of the powers conferred by section 372 of the companies act 1965 act 125 and section 16 of the courts of judicature act 1964 act 91 the rules committee hereby. 10 2 by virtue of s616 of the ca16 it refers to the rules committee constituted under the courts of judicature act 1964.
Peninsular malaysia 1 january 1959 ord. Home companies winding up rules 1972. Power to exempt from compliance with division and non application of division in certain circumstances 97. Sabah and sarawak 1 december 1972 p u.
Court means the courts in malaysia or a judge thereof. Published 2005 by international law book services sole distributor golden books centre in petaling jaya selangor darul ehsan. The process flow for winding up both vwu and compulsory in the companies act 1965 ca 1965 is retained in the companies act 2016 ca 2016 section 619 6 of the ca 2016 states that a company which is in the course of winding up immediately before the commencement of the act shall continue to be wound up under the relevant provisions in the companies act 1965. Unannotated statutes of malaysia subsidiary legislations companies winding up rules 1972 p u.
Companies act means the companies act 1965 as amended including the companies winding up rules 1972. A 289 1972 companies winding up rules 1972 p u. Companies winding up rules 1972. For winding up that commenced under the old companies act 1965 the old procedure and the old forms would still apply.
Laws of malaysia reprint act 125 companies act 1965 incorporating all amendments up to 1 january 2006 published by the commissioner of law revision malaysia. The company s assets are sold off and then used to pay off the company s debts. Any excess proceeds are then returned to the shareholders of the company. 10 companies winding up rules 10 1 the winding up rules 1972 was made under the old ca65 and the courts of judicature act 1964.
Although malaysia has transitioned from the companies act 1965 to the companies act 2016 there are two winding up regimes that need to exist side by side. This act may be cited as the reciprocal enforcement of. Bahasa malaysia current issues kamus novel komik motivasi self help business non fiction essentials college university. Laws of malaysia act 99 reciprocal enforcement of judgments act 1958 an act for the reciprocal enforcement of judgments of superior courts.
A 297 1972 part i preliminary short title 1. A 289 1972 as at 10th january 2005 by malaysia. 10 3 and since the 1972 rules was made by the same committee unless it is repealed.