Law & Paneir

Introduction Company law in Malaysia is governed by the Companies Act 1965 and the Companies Regulations 1966. The body responsible for overseeing the administration of the Act is the Registrar of Companies (RoC). However, the Companies Act does not set out all the areas of company law and it is provided that the Act must be read together with case law and other relevant laws in interpreting how the Act is to be applied. Companies (Memo and articles) For a company to exist, it must be registered with the Registrar of Companies. The steps which must be followed are: Ø Reservation of name Ø Submission of documents required by law Ø Payment of a fee Ø Receipt of the certificate of incorporation (for private companies) or certificate of incorporation and certificate of commencement of trade (for public companies). Once a company exists, it may be looked at by considering the different classes which it can fall under. 1. Liability The definition section in company law is found in section 4(...