Companies Act 2016 Ssm
Under the initiative companies and company directors who have applied to strike off their companies according to the provisions of section 549 550 of the companies act 2016 would be eligible to reduce their compounds by 90 per cent the.
Companies act 2016 ssm. The companies act 2016. The registered office of the company will be situated in malaysia. The solvency statement for share buyback will no longer need to be lodged with ssm under companies act 2016 but a notice of share buyback shall be lodged with the ssm within 14 days pursuant to section 127 16. Companies act 2016.
Nor azimah abdul aziz deputy ceo regulatory enforcement companies commission of malaysia. The companies act 2016 malaysia public company limited by shares constitution of s p setia berhad 1. Refer to section 112 2 b validity period for solvency statement for share buyback is 6 months from the date of the solvency statement. Procedures on resignation of secretary under section 237 of the companies act 2016 pdf 5.
The ssm has sought to clarify this issue. In ssm s faq document updated on 6 march 2017 the document addresses this issue at f 3. Under the initiative companies and company directors who have applied to strike off their companies according to the provisions of section 549 550 of the companies act 2016 would be eligible to reduce their compounds by 90 per cent the. The name of the company is s p setia berhad.
Ssm in a statement today announced the compound reduction is applicable to all compounds offered under the companies act 1965 and companies act 2016. I am guided by the definition of document under the companies act 2016 which imports the definition found in the evidence act 1950. Resolution and lodge the constitution with ssm within 30 days after it is adopted by the company. Suruhanjaya syarikat malaysia ssm pages home2.
The companies commission of malaysia ccm is pleased to announce a new method of lodgement for notification of change in the register of directors managers and secretaries cpo and notification of appointment of first secretary under section 58 and 236 2 of the companies act 2016 through the mycoid2016 portal. Ssm in a statement today announced the compound reduction is applicable to all compounds offered under the companies act 1965 and companies act 2016. Companies act 2016. Highlights of the companies act 2016 by.
Queries issued on documents and applications lodged with t he registrar pdf 6.