COMPANIES ACT 2016 (ACT 777), REGULATIONS & RULES (AS AT 5TH MAY 2019)
Under the Companies Act 2016, a company incorporated is not required to have a crafted/formal constitution. Under the previous Companies Act 1965, all companies' constitution are crafted by the promoters/company secretary and mostly adopted the form under Third Schedule (Memorandum of Associati...
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| Format: | Book |
| Language: | English |
| Published: |
Petaling Jaya, Selangor
International Law Book Services
2019
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| Series: | Laws of Malaysia
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| Subjects: | |
| Online Access: | Click Here to View Status and Holdings. |
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Add Tag | Summary: | Under the Companies Act 2016, a company incorporated is not required to have a crafted/formal constitution. Under the previous Companies Act 1965, all companies' constitution are crafted by the promoters/company secretary and mostly adopted the form under Third Schedule (Memorandum of Association) or Fourth Schedule (Table A/Articles of Association). The new Act intends to modernize and simplify the workings of companies. As such, having a formal constitution is now optional so long as the provisions of the Companies Act 2016 is adhered to. Essentially, the Companies Act 2016 is sufficient to regulate the operations of a company without a crafted "constitution". |
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| Physical Description: | 660 pages 24 cm |
| ISBN: | 9789678927833 |
COMPANIES ACT 2016 (ACT 777) (As at 10th October 2016)