- Section 1. Short title and commencement
- Section 2. Interpretation
- Section 3. Definition of "corporation"
- Section 4. Definition of "subsidiary and holding company"
- Section 5. Definition of “ultimate holding company”
- Section 6. Definition of “wholly-owned subsidiary”
- Section 7. When corporations deemed to be related to each other
- Section 8. Interests in shares
- Division 1 - Types of Companies
- Division 2 - Incorporation and Its Effects
- Section 14. Application for incorporation
- Section 15. Registration for incorporation
- Section 16. Power to refuse registration of incorporation
- Section 17. Certificate of incorporation
- Section 18. Effect of incorporation
- Section 19. Notice of registration as conclusive evidence
- Section 20. Separate legal entity
- Section 21. Companies have unlimited capacity
- Division 3 - Restriction on Subsidiary Being Member of Its Holding Company
- Division 4 - Name of Company
- Division 5 - Constitution of a Company
- Section 31. Constitution of a company
- Section 32. Company may adopt a constitution
- Section 33. Effect of constitution
- Section 34. Form of constitution
- Section 35. Contents of a company’s constitution
- Section 36. Company may alter or amend constitution
- Section 37. Court may alter or amend constitution
- Section 38. Company limited by guarantee shall have a constitution
- Section 39. Non-application of doctrine of constructive notice
- Division 6 - Conversion of Company Status
- Division 7 - Provisions Applicable to Certain Types of Companies
- Division 8 - Registered Office and Registers
- Section 46. Registered office and office hours
- Section 47. Documents to be kept at registered office
- Section 48. Inspection of documents and records kept by company
- Section 49. Forms of documents and other means for recording of documents
- Section 50. Register of members
- Section 51. Duty to notify of particulars and changes in the register of members
- Section 52. Index of members of company
- Section 53. Branch register of members
- Section 54. Place where register of members and index to be kept
- Section 55. Inspection and closing of register of members and index
- Section 56. Power of company to require disclosure of beneficial interest in its voting shares
- Section 57. Register of directors, managers and secretaries
- Section 58. Duty to notify of particulars and changes of director, manager and secretary
- Section 59. Register of directors’ shareholdings, etc.
- Section 60. Register of debenture holders and copies of trust deed
- Division 9 - Execution of Documents
- Division 10 - Annual Return
- Division 1 - Share and Capital Maintenance
- Subdivision 1 - Share Capital
- Section 69. Types of shares
- Section 70. Nature of shares
- Section 71. Rights and powers attached to shares
- Section 72. Preference shares
- Section 73. Prohibition to issue bearer’s share warrants
- Section 74. No par value shares
- Section 75. Exercise of power of directors to allot shares or grant rights
- Section 76. Allotment of shares or grant of rights with company approval
- Section 77. Registration of allotment in the register of members
- Section 78. Return of allotment
- Section 79. General prohibition of commissions, discounts and allowances
- Section 80. Permitted commissions
- Section 81. Differences in calls and payments, etc.
- Section 82. Calls on shares
- Section 83. Forfeiture of shares
- Section 84. Power of company to alter its share capital
- Section 85. Pre-emptive rights to new shares
- Section 86. Conversion of shares into stock
- Section 87. Rights and privileges of stockholders
- Section 88. Rights attached to shares
- Section 89. Classes of shares
- Section 90. Description of shares of different classes
- Section 91. Variation of class rights
- Section 92. Notifying shareholders of variation
- Section 93. Disallowance or confirmation of variation by Court
- Section 94. Delivery of order of Court to Registrar
- Section 95. Notifying Registrar of variation
- Section 96. Variation includes abrogation
- Subdivision 2 - Share Certificate, Title, Transfer and Transmission
- Section 97. Issuance of share certificate
- Section 98. Application for issuance of share certificate
- Section 99. Delivery of share certificate
- Section 100. Numbering of shares
- Section 101. Registration of members constitute as evidence of legal title
- Section 102. Duty of secretary to enter issuance and transfer of shares in the register of members
- Section 103. Rectification
- Section 104. Loss or destruction of certificates
- Section 105. Requirement for instrument of transfer
- Section 106. Registration of transfer or refusal of registration
- Section 107. Order of Court for registration
- Section 108. Validation of shares improperly issued
- Section 109. Registration of transmission of shares or debentures
- Section 110. Limitation of liability of trustee, etc., registered as owner of shares
- Section 111. Lien on shares
- Subdivision 3 - Solvency Statement
- Subdivision 4 - Reduction of Share Capital
- Section 115. Company may reduce its share capital
- Section 116. Reduction of share capital by Court
- Section 117. Reduction of share capital by private or public company
- Section 118. Creditor’s right to object to the reduction of the share capital by the company
- Section 119. Position at end of period for objection by creditor
- Section 120. Power of Court in relation to objection by creditor
- Section 121. Offences for making groundless or false statements
- Section 122. Liability of members on reduced shares
- Subdivision 5 - Assistance by a Company in the Purchase of Its Own Shares
- Section 123. Financial assistance by a company in dealings in its shares, etc.
- Section 124. Consequences of failing to comply with this Subdivision
- Section 125. General exceptions
- Section 126. Financial assistance not exceeding ten per centum of shareholders’ funds
- Section 127. Purchase by a company of its own shares, etc.
- Section 128. Options to take up unissued shares
- Section 129. Register of options to take up unissued shares in a company
- Section 130. Power of company to pay interest out of capital in certain cases
- Subdivision 6 - Dividends
- Subdivision 7 - Substantial Shareholdings
- Section 134. Application and interpretation
- Section 135. Persons obliged to comply with Subdivision
- Section 136. Substantial shareholdings and substantial shareholders
- Section 137. Substantial shareholder to notify company of his interests
- Section 138. Substantial shareholder to notify company of change in his interests
- Section 139. Person who ceases to be substantial shareholder to notify company
- Section 140. References to operation of interests in shares
- Section 141. Copy of notice to be served on the Registrar
- Section 142. Notice to non-residents
- Section 143. Registrar may extend time for giving notice under this Subdivision
- Section 144. Company to keep and maintain register of substantial shareholders
- Section 145. Powers of Court with respect to defaulting substantial shareholders
- Subdivision 8 - The Central Depository System
- Section 146. Interpretation
- Section 147. Depositor deemed to be member
- Section 148. Transfer of securities is by way of book entry
- Section 149. Rectification of record of depositors
- Section 150. Non-application of section 472 to disposition made by way of book entry
- Section 151. Exemption from this Subdivision
- Subdivision 9 - Prospectus
- Section 152. Application of Subdivision 9
- Section 153. Power of Minister to exempt the application of Subdivision 9
- Section 154. Requirement to register and lodge prospectus
- Section 155. Registration of prospectus
- Section 156. Refusal to register a prospectus
- Section 157. Keeping of documents relating to prospectus
- Section 158. Invitations to the public to lend money to or to deposit money with a corporation
- Section 159. Form and content of prospectus
- Section 160. Consent from person to issue prospectus containing his statement
- Section 161. Relief from requirements as to form and content of prospectus
- Section 162. Retention of over-subscription in issuance of debenture
- Section 163. Certain advertisements deemed to be prospectuses
- Section 164. Document containing offer of shares for sale to be deemed prospectus
- Section 165. Information memorandum deemed to be prospectus
- Section 166. Supplemental prospectus or replacement prospectus
- Section 167. Civil liability for misstatement in prospectus
- Section 168. Criminal liability for misstatement in prospectus
- Section 169. Persons not to be taken to have authorized or caused issue of prospectus
- Section 170. Stop order
- Subdivision 10 - Debentures
- Section 171. Application of Subdivision 10
- Section 172. Specific performance of contracts
- Section 173. Perpetual debentures
- Section 174. Power to re-issue redeemed debentures
- Section 175. Deposit of debentures to secure advances
- Section 176. Qualifications of trustee for debenture holders
- Section 177. Duties of trustee
- Section 178. Retirement of trustee
- Section 179. Contents of trust deed
- Section 180. Power of Court in relation to certain irredeemable debentures
- Section 181. Power of trustee to apply to Court for directions, etc.
- Section 182. Obligations of borrowing corporation
- Section 183. Obligation of guarantor corporation to furnish information
- Section 184. Loans and deposits to be immediately refundable on certain events
- Section 185. Liability of trustee for debenture holders
- Subdivision 11 - Restrictions on Allotment and Commencement of Business
- Section 186. Prohibition of allotment unless minimum subscription received
- Section 187. Application for moneys to be held in trust until allotment
- Section 188. Restriction on allotment in certain cases
- Section 189. Requirements as to statements in lieu of prospectus
- Section 190. Restrictions on commencement of business in certain circumstances
- Section 191. Restriction on varying contracts referred to in prospectus, etc.
- Subdivision 1 - Share Capital
- Division 2 - Members, Directors and Officers of Companies
- Subdivision 1 - Members
- Subdivision 2 - Directors
- Section 196. Directors of company
- Section 197. Persons connected with directors
- Section 198. Persons disqualified from being a director
- Section 199. Power of Court to disqualify persons from acting as director or promoter
- Section 200. Power of Registrar to remove name of disqualified director
- Section 201. Directors’ consent required
- Section 202. Named directors and subsequent directors
- Section 203. Appointment of directors of public company to be voted on individually
- Section 204. Validity of acts of directors and officers
- Section 205. Retirement of directors
- Section 206. Removal of directors
- Section 207. Right to be heard for directors of public company against removal
- Section 208. Vacation of office of director
- Section 209. Resignation, vacation or death of sole director or last remaining director
- Subdivision 3 - Directors' Duties and Responsibilities
- Section 210. Interpretation
- Section 211. Functions of Board
- Section 212. Proceedings of Board
- Section 213. Duties and responsibilities of directors
- Section 214. Business judgment rule
- Section 215. Reliance on information provided by others
- Section 216. Responsibility for actions of delegatee
- Section 217. Responsibility of a nominee director
- Section 218. Prohibition against improper use of property, position, etc.
- Section 219. General duty to make disclosure
- Section 220. Effect of other rules of law on duties of directors
- Section 221. Disclosure of interest in contracts, proposed contracts, property, offices,etc.
- Section 222. Interested director not to participate or vote
- Section 223. Approval of company required for disposal by directors of company’s undertaking or pro~
- Section 224. Loans to director
- Section 225. Prohibition of loans to persons connected with directors
- Section 226. Prohibition of tax free payments to directors
- Section 227. Payment to directors for loss of office, etc.
- Section 228. Transactions with directors, substantial shareholders or connected persons
- Section 229. Exception to section 228
- Section 230. Approvals for fees of directors
- Section 231. Directors’ service contracts
- Section 232. Copy of contracts to be available for inspection
- Section 233. Right of member to inspect and request copy
- Section 234. Contract with sole member who is also a director
- Subdivision 4 - Secretary
- Section 235. Requirement for a secretary
- Section 236. Appointment of a secretary
- Section 237. Resignation of a secretary
- Section 238. Disqualification to act as a secretary
- Section 239. Removal of a secretary
- Section 240. Office of secretary shall not be left vacant
- Section 241. Requirement to register with Registrar
- Section 242. Prohibition to act in dual capacity
- Division 3 - Accounts and Audit
- Subdivision 1 - Financial Statements and Reports
- Section 243. Interpretation
- Section 244. Compliance with approved accounting standards
- Section 245. Accounts to be kept
- Section 246. System of internal control
- Section 247. Accounting periods of companies within the same group
- Section 248. Directors shall prepare financial statements
- Section 249. General requirements for financial statements
- Section 250. Subsidiaries to be included in consolidated financial statements
- Section 251. Financial statements to be approved by the Board
- Section 252. Directors shall prepare directors’ report
- Section 253. Contents of directors’ report
- Section 254. Form and content of directors’ report and financial statement of a banking corporation~
- Section 255. Relief from requirements as to form and content of financial statements and directors’~
- Section 256. Power of Registrar to require a statement of valuation of assets
- Section 257. Duty to circulate copies of financial statements and reports
- Section 258. Time allowed for sending out copies of financial statements and reports
- Section 259. Duty to lodge financial statements and reports with the Registrar
- Section 260. Duty to lodge certificate relating to exempt private company
- Section 261. Auditor’s statements
- Subdivision 2 - Auditors
- Section 262. Definition of “outgoing auditor”
- Section 263. Company auditors to be approved by Minister charged with responsibility for finance
- Section 264. Company auditors
- Section 265. Registration of firms of auditors
- Section 266. Powers and duties of auditors
- Chapter 1 - Provisions relating to Auditor of Private Company
- Chapter 2 - Provisions relating to Auditor of Public Company
- Chapter 3 - General Provisions relating to Auditors
- Section 274. Fixing of auditor’s remuneration
- Section 275. Obligation to furnish particulars of payment made to auditors
- Section 276. Resolution to remove auditor from office
- Section 277. Special notice required for resolution to remove auditor from office
- Section 278. Notice to Registrar of resolution to remove auditor from office
- Section 279. Procedure to appoint auditor by written resolution
- Section 280. Procedure to appoint auditor at a meeting of members
- Section 281. Resignation of auditor
- Section 282. Notice of resignation of auditor to Registrar
- Section 283. Rights of resigning auditor of a public company
- Section 284. Duty to inform upon cessation of office
- Section 285. Attendance of auditors at general meetings where financial statements are laid
- Section 286. Auditor and other person to enjoy qualified privilege in certain circumstances
- Section 287. Duties of auditors to trustee for debenture holders
- Subdivision 1 - Financial Statements and Reports
- Division 4 - Indemnity and Insurance for Officers and Auditors
- Division 5 - Meetings
- Subdivision 1 - Meetings and Resolutions for Members
- Subdivision 2 - Written Resolutions of Private Companies
- Section 297. Written resolutions of private companies
- Section 298. Eligibility of members to receive written resolution
- Section 299. Circulation date
- Section 300. Manner in which a written resolution to be circulated
- Section 301. Circulation of written resolutions proposed by directors
- Section 302. Members’ power to require circulation of written resolution
- Section 303. Circulation of written resolution proposed by members
- Section 304. Expenses of circulation
- Section 305. Application not to circulate a member’s written resolution
- Section 306. Procedure for signifying agreement to written resolution
- Section 307. Period for agreeing to written resolution
- Section 308. Sending of documents relating to written resolutions by electronic means
- Subdivision 3 - Passing Resolutions at Meetings of Members
- Section 309. Resolutions at meetings of members
- Section 310. Power to convene meetings of members
- Section 311. Power to require directors to convene meetings of members
- Section 312. Directors’ duty to call meetings required by members
- Section 313. Power of members to convene meeting of members at company’s expense
- Section 314. Power of Court to order meeting
- Section 315. Resolution passed at adjourned meeting
- Subdivision 4 - Notice of Meetings
- Section 316. Notice required for meetings of members
- Section 317. Contents of notices of meetings of members
- Section 318. Notice of adjourned meetings of members
- Section 319. Manner in which notice to be given
- Section 320. Notification of publication of notice of meeting on website
- Section 321. Persons entitled to receive notice of meetings of members
- Section 322. Resolution requiring special notice
- Section 323. Power of members to require circulation of statements
- Section 324. Director’s duty to circulate members’ statement
- Section 325. Power of Court to order non-circulation of members’ statement
- Section 326. Sending documents relating to a meeting by electronic means
- Subdivision 5 - Procedure at Meetings
- Section 327. Meetings of members at two or more venues
- Section 328. Quorum at meetings
- Section 329. Chairperson of meetings of members
- Section 330. Declaration by chairperson on a show of hands
- Section 331. Right to demand a poll
- Section 332. Voting on a poll
- Section 333. Representation of corporations at meetings of members
- Subdivision 6 - Proxies
- Section 334. Appointment of proxies
- Section 335. Notice of meetings of members to contain statement of rights to appoint proxies
- Section 336. Proxy as a chairperson of a meeting of members
- Section 337. Right of proxy to demand for a poll
- Section 338. Termination of a person’s authority to act as a proxy
- Subdivision 7 - Class Meetings
- Subdivision 8 - Additional Requirements for Public Companies
- Subdivision 9 - Record of Resolutions and Meetings
- Division 6 - Remedies
- Division 7 - Charges, Arrangement and Reconstructions and Receivership
- Subdivision 1 - Charges
- Section 352. Registration of charges
- Section 353. Types of charges require registration
- Section 354. Registration of charges created over property outside Malaysia
- Section 355. Registration of charges in series of debentures
- Section 356. Duty of company to register charges existing on property acquired
- Section 357. Register of charges to be kept by Registrar
- Section 358. Endorsement of certificate of registration on debentures
- Section 359. Assignment and variation of charge
- Section 360. Satisfaction and release of property from charge
- Section 361. Extension of time and rectification of register of charges
- Section 362. Company to keep instruments of charges and register of charges
- Section 363. Documents made out of Malaysia
- Section 364. Application of this Subdivision to foreign company
- Subdivision 2 - Arrangements and Reconstructions
- Section 365. Interpretation
- Section 366. Power of Court to order compromise or arrangement with creditors and members
- Section 367. Power of Court to appoint an approved liquidator
- Section 368. Power of Court to restrain proceedings
- Section 369. Information as to compromise or arrangement with creditors and members
- Section 370. Reconstruction and amalgamation of companies
- Section 371. Right of offeror to buy out
- Subdivision 3 - Receivers and Receivers and Managers
- Section 372. Qualification for appointment of receiver or receiver and manager
- Section 373. Disqualification for appointment as receiver or receiver and manager
- Section 374. Appointment of receiver or receiver and manager
- Section 375. Appointment of receiver or receiver and manager under instrument
- Section 376. Appointment of receiver or receiver and manager by Court
- Section 377. Notice of appointment of receiver or receiver and manager
- Section 378. Vacancy in office of receiver or receiver and manager
- Section 379. Notice of cessation of office
- Section 380. Statement relating to appointment of receiver or receiver and manager
- Section 381. Liability of receiver or receiver and manager
- Section 382. Liability for contract
- Section 383. Power of receiver or receiver and manager
- Section 384. Application to Court for directions
- Section 385. Appointment of liquidator as receiver or receiver and manager in cases of winding up
- Section 386. Powers of receiver or receiver and manager on liquidation
- Section 387. Power of Court to fix remuneration of receiver or receiver and manager
- Section 388. Provisions as to information if receiver or receiver and manager appointed
- Section 389. Obligations of company and directors to provide information to receiver or receiver an~
- Section 390. Submission of statement of affairs
- Section 391. Lodging of accounts of receiver or receiver and manager
- Section 392. Payments of certain debts subject to floating charge in priority to claims under charge
- Section 393. Enforcement of duty of receiver or receiver and manager, etc., to make returns
- Subdivision 1 - Charges
- Division 8 - Corporate Rescue Mechanism
- Section 394. Interpretation
- Subdivision 1 - Corporate Voluntary Arrangement
- Section 395. Non-application of this Subdivision
- Section 396. Persons who may propose voluntary arrangement
- Section 397. Proposal for voluntary arrangement
- Section 398. Moratorium
- Section 399. Summoning of meetings
- Section 400. Decisions of meetings
- Section 401. Implementation of proposal
- Section 402. Arrangements coming to an end prematurely
- Subdivision 2 - Judicial Management
- Section 403. Non-application of this Subdivision
- Section 404. Application to Court for a company to be placed under judicial management and for appo~
- Section 405. Power of Court to make a judicial management order and appoint a judicial manager
- Section 406. Duration of judicial management order and its extension
- Section 407. Nomination of judicial manager
- Section 408. Notice of application for judicial management order
- Section 409. Dismissal of application for judicial management order
- Section 410. Effect of application for a judicial management order
- Section 411. Effect of judicial management order
- Section 412. Notification that a company is under judicial management order
- Section 413. Vacancy in appointment of judicial manager
- Section 414. General powers and duties of judicial manager
- Section 415. Power to deal with charged property, etc.
- Section 416. Agency and liability for contracts
- Section 417. Vacation of office and release
- Section 418. Information to be given by and to judicial manager
- Section 419. Company’s statement of affairs
- Section 420. Statement of proposals
- Section 421. Consideration of proposals by creditors’ meeting
- Section 422. Committee of creditors
- Section 423. Duty to manage company’s affairs, etc., in accordance with approved proposals
- Section 424. Duty to apply for discharge of judicial management order
- Section 425. Protection of interests of creditors and members
- Section 426. Undue preference in judicial management
- Section 427. Delivery and seizure of property
- Section 428. Duty to co-operate with judicial manager
- Section 429. Inquiry into company’s dealings, etc.
- Section 430. Application of provisions of winding up of a company under judicial management
- Division 1 - Voluntary and Compulsory Winding Up
- Subdivision 1 - Preliminary
- Subdivision 2 - Contributories
- Subdivision 3 - Voluntary Winding Up
- Section 439. Circumstances in which company may be wound up voluntarily
- Section 440. Interim liquidators
- Section 441. Date of commencement of winding up
- Section 442. Effect of voluntary winding up
- Section 443. Declaration of solvency
- Section 444. Distinction between “members” and “creditors” voluntary winding up
- Subdivision 4 - Members’ Voluntary Winding Up
- Subdivision 5 - Creditors’ Voluntary Winding Up
- Subdivision 6 - Provisions Applicable to Every Voluntary Winding Up
- Section 452. Distribution of property of company
- Section 453. Appointment or removal of liquidator by Court
- Section 454. Remuneration of liquidators in voluntary winding up
- Section 455. Act of liquidator valid, etc.
- Section 456. Powers of liquidator in a voluntary winding up
- Section 457. Power of liquidator to accept shares, etc., as consideration for sale of property of c~
- Section 458. Annual meeting of members and creditors
- Section 459. Final meeting and dissolution
- Section 460. Arrangement binding on creditors
- Section 461. Application to Court to have questions determined or powers exercised
- Section 462. Costs
- Section 463. Limitation on right to wind up voluntarily
- Subdivision 7 - Winding Up by Court
- Section 464. Petition of winding up
- Section 465. Circumstances in which company may be wound up by Court
- Section 466. Definition of “inability to pay debts”
- Section 467. Commencement of winding up by the Court
- Section 468. Payment of preliminary costs by petitioner
- Section 469. Powers of Court on hearing petition for winding up
- Section 470. Power of Court to stay or restrain proceedings against company prior to order of windi~
- Section 471. Action or proceeding stayed after winding up order
- Section 472. Avoidance of dispositions of property or certain attachment, etc.
- Section 473. Petition to be lis pendens
- Section 474. Lodgement of winding up order
- Section 475. Effect of winding up order
- Subdivision 8 - Provisions relating to Liquidators in Winding Up by Court
- Section 476. Interim liquidator
- Section 477. Appointment, style, etc., of liquidators
- Section 478. Appointment of other person as liquidator other than Official Receiver
- Section 479. Remuneration of liquidators in winding up by Court
- Section 480. Control of approved liquidator by Official Receiver
- Section 481. Control of Official Receiver by Minister
- Section 482. Resignation or removal of liquidator in winding up by Court
- Section 483. Custody and vesting of company’s property
- Section 484. Submission of statement of affairs of company
- Section 485. Report by liquidator
- Section 486. Powers of liquidator in winding up by Court
- Section 487. Exercise and control of liquidator’s powers
- Section 488. Liquidator to pay moneys received into bank account
- Section 489. Settlement of list of contributories and application of assets
- Section 490. Release of liquidators and dissolution of company
- Section 491. Orders of release or dissolution
- Subdivision 9 - General Powers of Court in Winding Up by Court
- Section 492. Power of Court to stay winding up
- Section 493. Power of Court to terminate winding up
- Section 494. Matters relating to stay and termination of winding up
- Section 495. Debts due by contributory to company and extent of set off
- Section 496. Power of Court to make calls
- Section 497. Payment of moneys due to company into named bank
- Section 498. Order on contributory conclusive evidence
- Section 499. Appointment of special manager
- Section 500. Claims of creditors and distribution of assets
- Section 501. Inspection of books and papers by creditors and contributories
- Section 502. Power to summon persons connected with company
- Section 503. Power to order public examination of promoters, directors, etc.
- Section 504. Power to arrest absconding contributory
- Section 505. Delegation of powers of Court to liquidator
- Section 506. Powers of Court cumulative
- Division 2 - Provisions Applicable to Every Winding Up
- Subdivision 1 - General
- Section 507. Investment of surplus funds on general account
- Section 508. Unclaimed assets to be paid to receiver of revenue
- Section 509. Books and papers to be kept by liquidator
- Section 510. Control of Court over liquidators
- Section 511. Delivery of property to liquidator
- Section 512. Powers of Official Receiver where no committee of inspection
- Section 513. Notice of appointment and address of liquidator
- Section 514. Liquidator’s accounts
- Section 515. Liquidator to make good defaults
- Section 516. Notification that a company is in liquidation
- Section 517. Appeal against decision of liquidator
- Section 518. Books and papers of company
- Section 519. Expenses of winding up where assets insufficient
- Section 520. Resolutions passed at adjourned meetings of creditors and contributories
- Section 521. Meetings to ascertain wishes of creditors or contributories
- Section 522. Special commission for receiving evidence
- Subdivision 2 - Proof and Ranking of Claims
- Subdivision 3 - Effect on Other Transactions
- Section 528. Undue preference
- Section 529. Effect of floating charge
- Section 530. Liquidator’s right to recover in respect of certain sales to or by company
- Section 531. Disclaimer of onerous property
- Section 532. Interpretation
- Section 533. Restriction of rights of creditor as to execution or attachment
- Section 534. Duties of bailiff as to goods taken in execution
- Section 535. Power of Court to declare dissolution of company void
- Subdivision 4 - Offences
- Section 536. Offences by officers of companies in liquidation
- Section 537. Inducement to be appointed as liquidator, etc.
- Section 538. Falsification of books, etc.
- Section 539. Liability where proper accounts not kept
- Section 540. Responsibility for fraudulent trading
- Section 541. Power of Court to assess damages against delinquent officers, etc.
- Section 542. Prosecution of delinquent officers and members of company
- Subdivision 1 - General
- Division 3 - Winding Up of Unregistered Companies
- Section 543. Provisions of Division cumulative
- Section 544. Unregistered company
- Section 545. Winding up of unregistered companies
- Section 546. Contributories in winding up of unregistered company
- Section 547. Power of Court to stay or restrain proceedings
- Section 548. Outstanding assets of a dissolved unregistered company
- Division 4 - Striking Off and Management of Assets of Dissolved Companies
- Subdivision 1 - Striking Off
- Section 549. Power of Registrar to strike off company
- Section 550. Application to strike off company
- Section 551. Notice of intention to strike off company
- Section 552. Objection to striking off
- Section 553. Withdrawal of striking off application
- Section 554. Effect of striking off
- Section 555. Power of Court to reinstate struck off company into register
- Subdivision 2 - Management of Assets of Dissolved Companies
- Section 556. Power of Registrar to represent dissolved company in certain circumstances
- Section 557. Outstanding assets of dissolved or struck off company to vest in Registrar
- Section 558. Disposal of outstanding interests in property
- Section 559. Liability of Registrar and Government as to property vested in Registrar
- Section 560. Accounts and audit
- Subdivision 1 - Striking Off
- Division 1 - Foreign Companies
- Section 561. Prohibition on carrying on business in Malaysia
- Section 562. Registration of foreign companies
- Section 563. Requirement for foreign companies to have agent
- Section 564. Name of foreign company and its publication
- Section 565. Obligation to state name of foreign company, whether limited, and place where incorpor~
- Section 566. Requirement to have a registered office
- Section 567. Return to be filed where documents, etc., altered
- Section 568. The branch register
- Section 569. Registration of shares in branch register
- Section 570. Removal of shares from branch register
- Section 571. Index of members, inspection and closing of branch registers
- Section 572. Transfer of shares and rectification
- Section 573. Branch register to be prima facie evidence
- Section 574. Accounts to be kept by foreign companies
- Section 575. Financial statements
- Section 576. Annual return
- Section 577. Service of notice
- Section 578. Cessation of business in Malaysia
- Section 579. Power of foreign companies to hold immovable property
- Division 2 - Enforcement and Sanctions
- Subdivision 1 - Enforcement of the Act
- Section 580. As to rights of witnesses to legal representation
- Section 581. Power to grant relief
- Section 582. Irregularities in proceedings
- Section 583. Disposal of shares of shareholder whose whereabouts unknown
- Section 584. Furnishing of information and particulars of shareholding
- Section 585. Court may compel compliance
- Section 586. Translations of instruments
- Section 587. Protection to certain officers who make disclosures
- Section 588. General penalty
- Section 589. Proceedings how and when taken
- Section 590. Investigation of affairs of company at direction of Minister
- Subdivision 2 - General Offences
- Section 591. False and misleading statements
- Section 592. False reports
- Section 593. False report or statement to the Registrar
- Section 594. Fraudulently inducing persons to invest money
- Section 595. Fraud by officer
- Section 596. Restriction on offering shares, debentures, etc., for subscription or purchase
- Section 597. Restriction on the use of words “Limited”, “Berhad” and “Sendirian”
- Section 598. Prosecution of delinquent officers of company
- Subdivision 1 - Enforcement of the Act
- Division 3 - General Provisions
- Section 599. Evidentiary value of copies certified by Registrar
- Section 600. Evidence of statutory requirements
- Section 601. Registers and inspection of register
- Section 602. Rectification of registers
- Section 603. Disposal of old records
- Section 604. Electronic lodgement of documents
- Section 605. Issuing document electronically
- Section 606. Electronic information, etc. certified by Registrar admissible in evidence
- Section 607. Enforcement of duty to make returns
- Section 608. Relodging of lost or destroyed documents
- Section 609. Time for lodging documents and extension of time
- Section 610. Particulars and manner of information required to be lodged under this Act
- Section 611. Time for compliance with the requirements under this Act
- Section 612. Methods of communication between company and members
- Section 613. Power to make regulations
- Section 614. Power to impose terms and conditions
- Section 615. Exemption
- Section 616. Rules
- Section 617. Power to amend Schedules
- Division 4 - Saving and Transitional