Can you change a company’s name? Pursuant to Section 28 of the Companies Act 2016, a company name may be changed if it is approved by a special resolution of… Read More »Biztalk-Changing Company’s Name? Here is what you should be aware of:
Having a common seal is now optional for company. Section 61 of Companies Act 2016 provides that “A company may or may not have a common seal. The execution of… Read More »Biztalk-Do you know that common seal is now optional?
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LHDN allowed extension of time of 2 months for statutory filing for companies, co-operative, limited liability partnerships and trust bodies with financial year end 31 October 2020 to 31 January… Read More »LHDN Extension of Time
Take note of SSM alert below: Source: SSM 💕 *Follow us on: Facebook or Linkedin for updates *Follow us on: Telegram for Updates on Corporate Advisory *Follow us on: Telegram… Read More »SSM Alert: Don’t Fall For Fake Auditors
The Minister of Domestic Trade and Consumer Affairs, Datuk Seri Alexander Nanta Linggi had via Gazette No. 4159/2021 increased the amount of indebtedness under Section 46(1)(a) of the Companies Act… Read More »Indebtedness Threshold be raised to RM50,000
Are you aware that a bankrupt or insolvent individual can’t act as a director? An insolvent individual/a bankrupt would require consent/approval from the Court prior to acting as a Director… Read More »SSM Prosecuting an Insolvent Individual for Acting as Director
Have you filed your form E this year? It is the time of the year again, where companies are required to submit a Form E to the Inland Revenue Board.… Read More »Have you filed your Form E?
Threshold of Indebtedness be temporary increased The threshold of indebtedness of RM50,000 which was prescribed pursuant to paragraph 466(1)(a) of the Companies Act 2016 under Gazette Notification 8032 (G.N. 8032)… Read More »Extension of Temporary Relief for the Prescription of Amount of Indebtedness of Company Under Paragraph 466(1)(a) of the Companies Act 2016
What is Corporate Voluntary Arrangement (CVA)? Corporate Voluntary Arrangement (CVA) is one of the corporate rescue mechanism available under the Companies Act 2016. You may find out more on the… Read More »Biztalk-Corporate Recovery Series #15 Corporate Rescue Mechanism: Corporate Voluntary Arrangement
