Ssm Companies Act 2016

Queries issued on documents and applications lodged with t he registrar pdf 6.

Ssm companies act 2016. Highlights of the companies act 2016 by. Nor azimah abdul aziz deputy ceo regulatory enforcement companies commission of malaysia. 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. Suruhanjaya syarikat malaysia ssm pages home2.

Resolution and lodge the constitution with ssm within 30 days after it is adopted by the company. In addition directors are also governed by a directors code of ethics. 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.

Under the companies act 2016 section 196 4 provides the requirement for a director that he must ordinarily reside in malaysia by having a principal. The companies act 2016 malaysia public company limited by shares constitution of s p setia berhad 1. Almost all of the provisions of the new act will be brought into force on 31 january 2017. The duties of directors stipulated in the companies act 2016 are not exhaustive and generally directors are imposed with statutory duties duty of care and fiduciary duties.

The registered office of the company will be situated in malaysia. Companies act 2016. Ssm in a statement today announced the compound reduction is applicable to all compounds offered under the companies act 1965 and companies act 2016. Section 21 of the companies act 2016 act shall apply to the company and the.

A director has onerous duties under the companies act 2016 as in common law. Ssm in a statement today announced the compound reduction is applicable to all compounds offered under the companies act 1965 and companies act 2016. Refer to section 112 2 b validity period for solvency statement for share buyback is 6 months from the date of the solvency statement. The companies commission of malaysia ssm has announced that the companies act 2016 will be brought into force in stages starting from 31 january 2017.

Procedures on resignation of secretary under section 237 of the companies act 2016 pdf 5. The name of the company is s p setia berhad.