Companies Act 2016 Pdf

1 this act may be called the companies amendment act 2016.

Companies act 2016 pdf. The new act is a comprehensive rewrite of the predecessor ibc act 1994 aimed at modernising seychelles company la w and further enhancing 6h fkhoohv status as a international business and financial centre. Nor azimah abdul aziz deputy ceo regulatory enforcement companies commission of malaysia. The reform initiative the 4 year review by clrc corporatelaw reform initiative a proposalto repeal the companiesact 1965 theproposedcompaniesbillis drafted based on the 4 year review. 1 this act may be cited as the companies act 2016.

2 it shall come into force on such date as the central government may by notification. International business companies act 2016 enacted on 10 th august 2016 in force as of 1st december 2016. Short title and commencement. Procedures on resignation of secretary under section 237 of the companies act 2016 pdf 5.

If signed without reasonable ground subject to imprisonment and penalty. Companies act 2016 solvency statement reduction of capital redemption of preference shares share buyback financial assistance to buy shares by unquoted corporation directors have to access the solvency statement before signing. Companies act 2016 by. 3 nothing in this act shall affect the table in any repealed written law corresponding to table a in the fourth schedule in force immediately before the date of commencement of section 181 of the companies amendment act 2014 or any part thereof either as originally enacted or as altered in pursuance of any statutory power or the corresponding table in any former written law relating to.

Application of this act part ii company incorporation sub part i types of international business companies 5. Enacted by the parliament of malaysia as follows. Companies act 2016. Companies commission of malaysia.

The companies amendment bill 2016 a bill further to amend the companies act 2013. Companies act 2016. Short title and commencement date 2. Be it enacted by parliament in the sixty seventh year of the republic of india as follows 1.

The international business companies act 2016 act 15 of 2016 arrangement of sections section part i preliminary 1. An act to provide for the registration administration and dissolution of companies and corporations and to provide for related matters. 2 it extends to the whole of pakistan.