Biztalk – Corporate Recovery Series #1 Deciding to Continue Business or Call it a Day?

Continue Business or Close Down?

In view of the economic contraction caused by Covid-19 pandemic, many companies which are not well prepared to face the situation is in a tough position right now.

Directors now have to make a tough decision whether the business could continue or should they call it a day i.e wound-up, which is what we called “chap lap” in Cantonese.

BUT are you aware, even if the company is forced to “chap lap” due to no business or whatever reasons, the company need to be closed down (wound-up) in accordance with the Companies Act of Malaysia?

Talk to us today to see what option you have in such situations at +6010-231 9177.



董事们现在必须做出艰难的决定,即业务是否可以继续还是应该将公司清盘。 但是您是否知道,即使公司由于没有业务或任何原因被迫“破产”,也需要根据《马来西亚公司法》将公司解散?


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