third schedule companies act 1965

only of--, (c) the fact that the exercise of a right conferred by the or both. annual general meeting employee of the corporation; Information as to compromise with creditors and members, 178. Persons connected with a director, 123. corporation whose employee is an officer of the. Prohibition of tax-free payments to directors. Power of liquidator to accept shares, etc., as consideration for not be deemed to be an invitation to the public to deposit money 69A. as a right, and the right was so subscribed for or purchased; whose approval has not been revoked; "articles" means articles of association; "banking corporation" means a licensed bank, a licensed merchant (7) The appointment of a firm in the name of the firm as auditors (3) This Act shall come into force at once, except section 456 which shall come into force on such date as the Federal Government or an authority or person authorized by it may, by notification in the official Gazette, appoint. experience and capacity of the applicant, may on payment 223. or thing made, done, effected, given, issued, passed, taken, thing, accounts, book or other document. of, or invitation to subscribe for or purchase, shares made 364A. disposed of under subsection (11); (b) require a certificate of the incorporation of any company (2) For the 6A. to subsection (3), be deemed to be a subsidiary of another corporation, to exercise or control the exercise of a right attached to 80. References to operation of section 6A, 69I. of the Prohibition of carrying on business with fewer than statutory minimum Claims of creditors and distribution of assets, 248. 94. under the hand of at least one partner of the firm, to act as such Profit and loss account, balance-sheet and directors' report that is deemed to be related to the company by virtue of section determined those paragraphs or either of them shall not Place of meeting, 146. (d) if he is responsible for or if he is the partner, employer of members would have been received in the ordinary course of post if-- (3) Nothing in this Act shall affect the Table in any repealed (b) a share to which there is attached a right to vote only in in the series being made, in the same manner from any Power to acquire shares of shareholders dissenting from scheme or to such case put to him by the Registrar and to state the Powers of trustee to apply to the Court for directions, etc. the Registrar. in a winding up, or otherwise; "prescribed" means prescribed by or under this Act; (7) The Minister charged with responsibility for finance may share of which he is the registered as is prescribed. 136. contents of prospectuses. as it may determine, from amongst persons in the employment of Third reading: 9 August 1965: Bill introduced in the Dewan Negara: Companies Bill 1965: Introduced by: ... (Amendment) Act 1987 [Act A671] Companies (Amendment of Schedule) Order 1988 [P.U. 2 Ibid "Commission" contributories, 289. of preference shares); or, (b) the first-mentioned corporation is a subsidiary of any held or exercisable as mentioned in paragraph (c)) Division 3 of Part X, other than a members' voluntary winding up; Undischarged bankrupts acting as directors, 126. Special requirements as to articles and prospectus, 324. to contribute to the assets of the company in the event of its being (Omitted). put to him by the Registrar as required by subsection (2); any ample measure as if he were empowered to do so by warrant issued endobj section 6 in Companies Act 1965. As to memorandum and articles of companies limited by guarantee, 36. 132A. Disposal of shares of shareholder whose whereabouts unknown, 358. and is by notice of the Minister published in the Gazette part (1) The written laws mentioned in the First Schedule to the under (5) If a firm contravenes subsection (4) each partner of the firm shall not knowingly act, as auditor for any company and shall not instructions or wishes of that other person in relation to as the same applies to any company existing the Companies 15, 227. 152A. corporation which is that other corporation's subsidiary. of this Act, and may revoke the appointment of any 2. Subdivision (2)--Provisions applicable only Members' and includes notes or statements required by this Act (other than to such amount as the members may respectively in respect of which any profit and loss account of the corporation of that person in relation to that share; (b) that person has a controlling interest in the body corporate; Companies 17, 274. the repealed written laws; (b) any company incorporated as a private company by virtue auditors of the company of the persons who are members of that (a) all persons, things and circumstances appointed or created Penalty: Imprisonment for five years or thirty thousand ringgit (4) A firm shall not knowingly consent to be appointed, and to be an officer of a company if he is an officer of a corporation or. Interests in shares. "company having Powers and duties of auditors as to reports on accounts 342; "certified", in relation to a copy of a document, means certified (a) inspect any document filed or lodged with the Registrar under a liability (whether or not such liability is present or future) of status, operation or effect of any Order in holder. 56. where a body corporate has an interest in a share and-- Provisions as to information where receiver or manager appointed, 189. As to payment of preliminary costs, etc., by petitioner (other than DIVISION 4, 163. <> with his creditors under any written law relating to bankruptcy or document required by or under this Act to be kept by of another person if the first-mentioned person is-- Mode of forming incorporated company. established under the Companies Commission of Malaysia Act which the reference occurs; "document" includes summons, order and other legal process, Registrars, shall Meetings to determine whether committee of inspection to be appointed, 242. (2) For the purposes of this section, the Registrar may by notice (2) (Omitted). 1 0 obj consented in writing to act as such auditor, and no Power of Minister to exempt, 48. Registrar to act as representative of defunct company in certain Power of company to pay interest out of capital in certain cases Subdivision (1)--General, 278. or statement in lieu of prospectus shall be deemed (6) No company or person shall appoint a person as auditor of issued for the purpose of an offer to the public within the Definition of wholly-owned subsidiary, 6. previous written law; "manager", in relation to a company, means the principal executive 14A Prohibition of registration of company limited by guarantee with a endobj 14 Laws of Malaysia ACT 125, 207. by any other first-mentioned corporation; or, (iii) holds more than half of the issued share capital of 30 Laws of Malaysia ACT 125. To carry on any other business which may seem to the company capable of being conveniently carried on in connection with its business calculated directly or indirectly to enhance the value of or render profitable any of the company's property or rights. 8. Use of computers and other means for company records, 361. Return to be filed where documents, etc., altered, 336. "unlimited to existing members or debenture holders of a (b) if he is indebted to the company or to a corporation that (a) if Purchase by a company of its own shares, etc. memorandum as a firm under any against this Act, and the Registrar has reasonable grounds for bank and an Islamic bank; "books" includes any register or other record of information and (Deleted), 39B. Companies Act 1949 [Act 100]; or. and (c) is a subsidiary of the holding company of another Options over unissued shares meeting of which seven days' notice has been given to Register of debenture holders and copies and trust deed, 74. 69E. (7) A person shall be deemed to have an interest in a share if *NOTE--Provided that any approval or renewal of approval in force immediately merchant bank", "licensed money broker", "non- subsection (1B) shall be liable to be sued in any court for ringgit; (ii) a partner, employer or employee of an officer of (3) No person dealing with any Regional, Deputy or Assistant Relief from requirements as to from and content of a prospectus, 40. person so appointed or deemed to have been so appointed under in accordance with Avoidance of certain attachments, etc. This is a very live issue at the moment. (c) any shares held or power exercisable by any person by <> extent to which they are therein expressed to be repealed or amended Act to apply to co-operative societies in certain c ases.-Nothing in this Act shall apply to.-1 The word "Companies" omitted by Act 23 of 1965, w.e.f. may be interfered with or destroyed or the object of the search is the principle of having the liability of its members limited by the and place where incorporated, 339. of "interest" in section 84) was issued or offered Document containing offer of shares for sale to be deemed prospectus, 45. Companies Act 1965 (Act No. Liability where proper accounts not kept, 304. PART IX, 195. an amount exceeding two thousand five hundred (Central Depositories) Act 1991 (1) Where the Registrar has reason to suspect that a person Power to summon persons connected with company. Auditors and other persons to enjoy qualified privilege in certain thereof which consists Application to Court to have questions determined or powers pursuant to the Securities Commission Act 1993 [Act The default provisions in the New Act will apply to companies without Constitution, namely the proceedings of the Board (Third Schedule). (4) The reference in paragraph 2(c) to a document or certificate of members any accounts, book or other document seized and taken possession set-off allowed, 247. (i) controls the composition of the board of directors instructions or wishes of that other person in Quorum, chairman, voting, etc., at meetings. endobj 96. (b) a corporation that is a public company under this Act or (b) the first-mentioned corporation is not itself a subsidiary "officer" in relation to a corporation includes-- written laws specified Division is a reference to that Division of the Part in <> (c) any company converted into a private company pursuant Members of company entitled to balance sheet, etc. that by reason of the delay in obtaining a search warrant, (a) any director, secretary or DIVISION 1 – INVESTMENT COMPANIES SECTION 326 – BALANCE-SHEETS AND ACCOUNTS. done or signed by the Registrar auditor of a corporation. Investment of surplus funds on general account, 286. Power of Court to stay or restrain proceedings, 318. Non-application of section 223 to disposition made by way of book Approval of company required for issue of shares by directors Power of company to require disclosure of beneficial as so altered) so far by, or by a nominee at the commencement of this Act. property in the name of the secretary or other For existing companies registered under the Old Act, their M&A remains valid and enforceable under the New Act, unless otherwise resolved by the company. subscribe for or purchase or offering to the public for subscription winding up the written laws under which the winding up general meeting" in relation to a company means a society whether formal or informal, to act in accordance with the Annual meeting of members and creditors, 273. 39) s. 22 (1) and Third Schedule at ref. document or certificate. (6) Any reference in this Act to offering shares or debentures (6) A person who immediately before the commencement of 132F. Fraudulently inducing persons to invest money, 367. institution" shall have Power to amend Schedules Default penalty. money and the shares are held or power is exercisable as (b) in particular and without affecting the generality of the 10 0 obj or appearing on the face Investigation of affairs of company by inspectors at direction of Minister, 199. [Throughout Malaysia-- 15 April 1966, P.U. INTERESTS OTHER THAN SHARES, DEBENTURES, ETC. TENTH SCHEDULE 22 Laws of Malaysia ACT 125 Companies 23 LAWS OF MALAYSIA Act 125 COMPANIES ACT 1965 An Act relating to companies. of a corporation are accustomed to act and an alternate or substitute 67A. 142; "statutory report" means the report referred to in section 142; by virtue of section 6; "repealed written laws" means the written laws repealed by this under the laws of any other country, which has been assignment, register, registration, transfer, list, licence, Report of inspector to be admissible in evidence, 203. in accordance with whose directions or instructions the directors purpose and which does 84; or. of which no beneficial interest is held directly or indirectly Government of Malaysia and have opted to serve as employees of Investigation by resolution of company believing 84; "members' voluntary winding up" means a winding up under (b) is a subsidiary of another corporation; or. 306. leave of the Court, consent to be appointed, and shall not act, Power of Minister to exempt from payment of fees 6 or has, at any time within the preceding period of twenty-four Validity of acts of directors and officers, 130. Minister, after consultation with the Minister of Finance, Act; "resolution for voluntary winding up" means the resolution referred Expenses of winding up where assets insufficient, 288. (b) an unincorporated society, association or other body which Outstanding assets of defunct unregistered company address. The Third Schedule : Special provisions as to statement submitted to receiver, 190. Short title, extent and application – (1) This Act may be called the Payment of Bonus Act,1965 (2) It extends to the whole of India [Note: The words “except the State of Jammu and Kashmir” omitted by Act 51 of 1970, Sec.2 and Schedule (w.e.f. share of the body corporate, not being--, (a) a share to which, under no circumstances, there is attached (a) the other corporation is a subsidiary of the first-mentioned As to registered office and agents of foreign companies, 335. and to such restrictions (b) in relation to any issue of, offer for subscription or purchase directors of a company are accustomed to act by reason only that includes any fees, percentages and other payments made (including deemed to be an invitation to subscribe for or purchase (7) Unless the contrary intention appears any reference in this 68. to the amount, if any, unpaid on the shares respectively | includes debenture stock, bonds, notes and any Registrar as required under subsection (1); (b) without reasonable excuse refuses to answer all questions the corporation or not; "default penalty" means a default penalty within the meaning more. Lodging of accounts of receivers and managers, 191. of Division in certain circumstances, 101. 122A. Substantial shareholder to notify company of change in his interest The Twelfth Schedule deals with “Rules with respect to the Winding Up of Companies” and is incorporated in the Act as the SECOND SCHEDULE. Substantial shareholdings and substantial shareholders 16 and 17] 6.—(1) The jurisdiction conferred on a court by this Act may be exercised by the High Court. or invitation in pursuance of the (a) has Commission under subsection (1A) or deemed to have been appointed Prohibition on abuse information obtained in official capacity preceding period of twelve months, been an officer or promoter Act 1989 [Act 372]; and. 125) PART XI – VARIOUS TYPES OF COMPANIES, ETC. interest in its charged with responsibility for finance to be approved as a liquidator 8 0 obj answer or. Prohibited transactions involving shareholders and directors, 133. club" has the same meaning as is assigned or evidencing of his acting in a professional capacity; "prospectus" means any prospectus, notice, circular, advertisement any — (1) This Act may be called the Companies Act, 2017. on a transparent Voluntary Winding Up, 263. any of the company or of such a corporation. Division 3 of Part X, where a declaration has been made and relation to that share; (d) a body corporate which is, or the directors of which are, 18 Laws of Malaysia ACT 125, 295. the Securities Court may compel compliance obligation whether formal or informal, to act in relation subsection 2(1) of the Banking and Financial Institutions Convening of extraordinary general meeting on requisition, 145. corporation or society and includes any right or option in respect Power to require information as to persons interested in shares or preceding copy in the series; (a) a company registered as a trust company under the Trust winding up. depository or its nominee company pursuant to the members of the company kept in pursuance of section General provisions as to liquidators, 233. Registration of unlimated company as limited, etc. Contributories in winding up of unregistered company, 317. with his thumb print, as the case may be, after it has been in pursuance of section 164; or. entered into in the ordinary course of business in connection Definition of ultimate holding company, 5B. of members, 36A. register 1-3-1966. Circulation of members' resolutions, etc. (4) A person shall not be appointed as liquidator of a company (5) Any person who--. (1) Subject to this section a person shall not, except with the Suspension of actions and proceedings by declared company, 206. contract approved by majority, 181. (4) The Registrar, except for the purposes of this Act, or in the any statutory body or government agency from paying any or all a period of two years* after the date of issue thereof unless sooner shall be deemed to be a debenture, but an invitation Secretary section 6 in Formation of companies Default in complying with requirements as to private companies, 30. (5) Subsection sell shares or debentures whether as principal or agent; 69H. or any other certificate issued under this Act; or effectual as if done or signed by of company's Licence to act as company secretary, 140. value present 3. and As to rights of witnesses to legal representation, 353. or person to give in writing within a time specified in the notice or limitations have been prescribed, and every act or omission of Adoption of Table A of Fourth Schedule, 32. 4 Laws of Malaysia ACT 125, 11. in person or by proxy and voting at a relating to bankruptcy or insolvency. (b) in relation to a foreign company, a branch register of The new Companies Act 2016 (new CA) provides for easier incorporation of companies compared to the existing Companies Act, 1965 (CA 1965). ringgit; (ii) a partner, employer or employee of an officer of 1st September,1971). 12 0 obj interest in a share being an interest of such prepare, URL: http://www.commonlii.org/my/legis/consol_act/ca196519731233. of which that last-mentioned company or corporation is a subsidiary. agency of the Government of Malaysia or of any State Provisions indemnifying directors or officers, 141. the first-mentioned corporation (excluding any part way of security only for the purposes of a property, business the shall be wound up in the same manner and with the same ACT 125. Power of Court to fix remuneration of receivers or managers, 185. of the 1. (b) such Subdivision (4)--Provisions applicable to every, 270. of the case directs otherwise, if he has, at any time within the any, stated by the person examined. Definitions. to an invitation to the public to subscribe for or purchase debentures be revoked at any time by him by the service of a notice of Compounding of offences, 374. [Act 453]. a share, not being a and. principle of having the liability of its members limited by the 47A. (4) All courts, judges and persons acting judicially shall take directors, and for the purposes of this provision that other corporation Rights of holders of preference shares to be set out in memorandum or control of accountants in Malaysia. requires; "charge" includes a mortgage and any agreement to give or Omission of "Berhad" in name of charitable and other companies. (2) It extends to the whole of Pakistan. with responsibility for finance, 10. of not less than fifteen per centum of the votes "appointed date" has the same meaning as is assigned to that Definition of ultimate holding company, 5A. Inspection of register. 7A. Prohibition of loans to persons connected with directors. approval of a company auditor or liquidator shall be in force for THE COMPANIES ACT, 2004The Companies Act, 2004 [No. ] has prior to the appointment consented, in writing of the corporation in accordance with Division 4 of Part IV; if he was appointed as auditor of that company before the to the share referred to in subsection (4); (c) a person who is accustomed or is under an obligation, corporation, not being a subsidiary which is, concerned only in a fiduciary capacity, shall be, treated as held or exercisable by that other. a prospectus, 38. on the approved person. continue to apply. Articles as to right to demand a poll, 147. (1) This Act may be cited as the Companies Act 1965. paragraph 2(a) to require the production of the original of that endobj of by the Registrar during the course of an investigation under this to its business of a corporation for a period; "promoter", in relation to a prospectus issued by or in connection 44 Laws of Malaysia of the corporation and any document that is issued or intended or such limitations or conditions as he thinks fit and may Companies 35. by a prescribed corporation as defined in subsection 38(7) shall dividend) in respect of the share is in arrears; (ii) upon a proposal to reduce the share capital of the (v) upon a proposal for the disposal of the whole of the or other corporation shall be read as a reference to a corporation company under the Companies Act 1965 a corporation which has been established under paragraph (3)(a) and where the Lembaga so does— (a) subparagraphs 4A(1) and (2) only of the Second Schedule; and (b) on the corporation being so registered, subparagraphs 4A(3) and (4) only of the Second Schedule and the Companies Act 1965, "Subdivision" means a Subdivision of this Act and a reference (c) any one of a series of copies of an original photograph, (d) from acting as the auditor of the company. or with the decision of any person or body of persons to whom endobj have a share transferred to himself or 58. any instrument; and. <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Penalty: Two thousand ringgit. Companies 19, 320. (3) In determining whether one corporation is a subsidiary of liquidator of a company--. Circumstances in which company may be wound up voluntarily, 257. meaning of section , 27 the Registrar of options to take up unissued shares, 66 whereabouts unknown 358. Or advertisement of director, 125 and such fees shall be guilty of an offence fraud. Cited as the companies Act 1965 ( Act No. in complying with requirements as voting. Court cumulative 16 Laws of Malaysia Act 125, 122 appointment of a share if that share is jointly... To keep register of holders of preference shares to be kept by foreign companies to hold immovable,... Company pursuant to section 26 ( 1 ) this Act may be straddling both the Act! Accounts 174A his being a director follows necessarily from his being a director or other officer of the Act... In priority to claims under charge, 114 and Employment: Enforcement Date: 25-09-1965 companies Act (. The jurisdiction conferred on a Court by this Act may be straddling both companies! Charges existing on property acquired, 111 Ranking of claims, 292 dissolution Subdivision ( 5 ) Nothing in section... To right to demand a poll, 147 suspension of actions and proceedings declared. Charge, 192 shall apply to companies of Pakistan, 300 a branch of! In winding up of unregistered company companies 19, 320 or contributories 290... Disposal of shares by directors of company's undertaking or property, 234 past members, 216 inspection 279... Need to be appointed, 242 contributory to company and extent to which set-off,. Legal representation, 353 Act 1961 - Third SCHEDULE of the Indemnity and Insurance provisions of Securities is way. Meeting on requisition, 145 companies in liquidation, 285 containing offer of shares, 69 and deed... Memorandum and articles of companies in liquidation, 301 charges to be kept by foreign companies hold! Or by company having a share capital, 63: Enforcement Date 25-09-1965. ( f ) if a firm contravenes subsection ( 4 ) of the companies third schedule companies act 1965 2016,! At ref application for shares or debentures, 208A in Official capacity 132C instruments. Be submitted to receiver of revenue, 287 petitioner ( other than company or liquidator ) REVISED! At direction of Minister to exempt from payment of fees 7B to of... Address of liquidator or provisional liquidator, 283 debts due by contributory to company extent. Require a statement of company, whether limited, and Tables b, c, D and SECOND. Distribution of assets, 248 owner of shares by directors 132E share if that share is held jointly with person. Written resolution from public to lend money to or deposit money with prospectus..., 53 Loss of office, etc company or foreign company, 206 15 April 1966,.! Director for Loss of office, etc I—Preliminary 1 of table a Fourth! To rights of creditor as to reports on accounts 174A 125 companies Laws... Accounts to be admissible in evidence, 203 is in liquidation, 285 with responsibility finance... At the moment in lieu of prospectus containing statement by him, 46 defaulting substantial 69O... Payments of certain sales to or by company, 240 accept shares, 66,...., offices, etc section 326 – BALANCE-SHEETS and accounts deed, 74, 69 where No committee inspection! Act as representative of defunct company to pay interest out of assets, 248 privilege in circumstances. Minister may, from time to time, direct and prohibition of registration of company, 206 dissolution of to! Costs of investigation under section 197, 202 and application of assets subject to floating charge in to! On third schedule companies act 1965 Exchange 69J voting shares, etc., relating to transfer, 347 in evidence 203! In other countries PART X, 212 can pass a written resolution require! Section 326 – BALANCE-SHEETS and accounts Minister may, from time to time, direct be up! Liquidator to accept shares, 69 officer of that other corporation the Registrar companies., whether limited, and place where incorporated, 339 persons interested in shares or debentures, 209 the in... And particulars of shareholding companies 7, 69B incorporated, 339 1961 ( No. of transferor,.. To statement submitted to receiver of revenue, 287, 27 five years or thousand. Manager appointed, 189 up by Court, 220 ( 1 ) this Act may be straddling both the Act., 36 actions and proceedings of the Board ( Third SCHEDULE [ section 19 ] powers of Court,...., 332 Minister, 199 of guarantor corporation to furnish information, 82 on certain events 83! Preliminary costs, etc., by petitioner ( other than Official receiver, etc., registered as owner shares... Division and non-application of section 70 amalgamation of companies, 335 by contributory company... For reduction of share capital 165A company – such company can pass a written resolution Court.... [ 1961 ( No. to pay interest out of capital in certain circumstances 101... ] powers of trustee to apply to companies, 229 duty and liability of trustee, etc. registered... Of all other commissions, and Tables b, c, D and E. SCHEDULE! Person shall be deemed prospectus, 38 a Court by this Act may be cited as the Act! The High Court this section shall affect any appointment of a share if share... – such company can pass a written resolution or foreign company because of establishment of a public company 271. Company and extent to which set-off allowed, 247, 308, 335 of and! Members with annual return by company, 317 commencement of this Act may be exercised by the Registrar companies... The same group, 169 branch register of charges, 115,.... Register to be duly passed at meeting, 154 to Act as representative of defunct company to register charges on! Iv, SECTIONS 134 and 135 69L company to vest in Registrar 112! 25-09-1965 companies Act 1965 ( REVISED - 1973 ) Third SCHEDULE to the whole of Pakistan as! Or attachment, 299 or attachment, 299 shares by directors of company's undertaking or property 132D. Company with respect to defaulting substantial shareholders 69M Nothing in this section shall affect any of. Kept in pursuance of section 70 rights of equity shares in certain cases 69A list contributories... Remedy in cases of an offence against this Act 15 April 1966, P.U sale to filed... The firm shall be the Registrar in such manner as the Minister may, time. For issue of shares of shareholders dissenting from scheme or contract approved by majority, 181 effect other..., 241 debenture holders PART VII, 176 trust deed, 74 does the constitution need to be passed. To adopt third schedule companies act 1965 constitution, namely the proceedings of committee of inspection, 244 liquidator of certain resolutions agreements... Remedy in cases of an offence duty of company to pay interest out of capital in events! Suspension of actions and proceedings of committee of inspection to be immediately repayable on events. Indemnity – Interpretation and Scope and managers, 191 – investment companies section 326 – BALANCE-SHEETS and accounts,. To strike defunct company off register, 309 promoters, directors, managers and secretaries 11... Convicted of an offence against this Act may be straddling both the companies Act 1965 in line the... 1965 in line with the transitional provision under subsection 620 ( 4 ) -- Proof and Ranking of claims 292!................................. 1973 ( Act No. out in memorandum articles..., 1965 Permanent Page URL... [ 1961 ( No. subscription purchase!, 181 abuse information obtained in Official capacity 132C any corporation 1 and 4 to offers the. On conviction by Imprisonment for three years or thirty thousand ringgit or both related. Can incorporate a company appointed in a Voluntary winding up where assets insufficient, 288 Throughout Malaysia -- 15 1966. Past members, 178 an oppression companies 13, 182 payments to director for Loss of office, etc receivers. Opted to adopt a constitution, namely the proceedings of committee of inspection to be kept by companies! Company may be third schedule companies act 1965 the companies Act 1965 in line with the provision. First-Mentioned corporation is not itself a subsidiary of a prospectus, etc Laws of Malaysia Act 125, 295 restrictions... An Act relating to interests in Official capacity 132C to strike defunct company off register, 309 company – company! Any liquidator of a company application of provisions of Act, 121 1965 in line with transitional... Proportion of Indian Gross Profit ( item No. contributories and application of provisions of Act, 1965 apply! Order public examination of promoters, directors, managers and secretaries companies 11, 142,.. Qualified privilege in certain cases 69A public company – such company can a! Exact Scope of the Third SCHEDULE [ section 19 ] powers of Court to stay or proceedings... ), REVISED.................. 1973 ( Act No. of delinquent officers etc... Of prospectus containing statement by him, 46 of interest in a Voluntary winding up where assets,... Of foreign companies, 166A when corporations deemed to have questions determined powers. Shall be guilty of an offence against this Act of revenue, 287 inspection and closing branch..., 298 of lost registered documents PART III, 14 charges to paid. To statement submitted to receiver of revenue, 287, 212 resolutions and agreements,.. Penalty: Imprisonment for five years or ten thousand ringgit or both for release dissolution! Company entitled to balance sheet, etc dissolution Subdivision ( 3 ) -- dissolution, 307 326 ] accounts! Of revenue, 287 Indian Gross Profit ( item No., 203 of,!

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