Section 78 Companies Act 2016 Malaysia

Act 1959 and section 78 2 of the central bank of malaysia act 2009 to bnm.

Section 78 companies act 2016 malaysia. Upon any change in the particulars of the company s officers. Section 9 b ca 2016 act stipulates that a company shall have one. Minimum number of members. The companies act 2016 ca 2016 repealed the companies act 1965 ca 1965 and changed the landscape of company law in malaysia.

1 this act may be cited as the companies act 2016. Short title and commencement. From one agm to the next agm. Law of malaysia.

Under section 56 of the companies act 2016. Overview of malaysia new companies act 2016. Enacted by the parliament of malaysia as follows. Companies act 2016.

Companies act 2016. Procedures on resignation of secretary under section 237 of the companies act 2016 pdf 5. The passing of the malaysian companies bill 2015 companies act 2016 which will replace the companies act 1965 companies act 1965 marks the most comprehensive legislative change in malaysia s corporate law in 50 years the companies act 2016 also makes some significant changes to malaysia s corporate insolvency regime as it introduces two new insolvency processes. By giving notice in writing and delivered to the registered office of the company.

Every company after its incorporation has to lodge the following documents in accordance with the provisions of the companies act 2016. 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. Section 78 registers of members section 51. Appointment of auditor of a public company under the companies act 2016.

Under these regulations bnm is entitled to require cbl and or its customers on a monthly basis the disclosure of any data. Companies commission of malaysia act. The ca 2016 reformed almost all aspects of company law in malaysia. Resignation of auditor under the companies act 2016.

Resignation takes effect after twenty one days or from the date as may be specified in the notice.