Sample Constitution Companies Act 2016 Malaysia
Similarly a company must also pass a resolution to amend any part of its constitution should the company wish to harmonise its constitution with the provisions of the companies act 2016.
Sample constitution companies act 2016 malaysia. The registered office shall be situated in malaysia. The company has the full rights powers and privileges given by section 21 of the act. The name of the company is axiata group berhad. Section 21 of the companies act 2016.
For example a private company may want to amend provisions relating to minimum directorships from current 2 to 1. A company constitution malaysia previously referred to as article and memorandum of association is a legal document recognised by the companies act 2016. The name of the company is magnum berhad. B the liability of the members is limited.
Section 9 b ca 2016 act stipulates that a company shall have one. Companies act 2016 company limited by shares constitution of magnum berhad company no. Company with unlimited capacity 4 interpretation in this constitution unless the subject matter or context dictates otherwise the following words and phrases shall have the meaning assigned to them herein act means the companies act 2016 and any statutory modification. Constitution and any new member admitted as a member in accordance with clause 19.
Short title and commencement. The ca 2016 reformed almost all aspects of company law in malaysia. The name of the company is sunway berhad and a the registered office of the company will be situated in malaysia. The companies act 2016 ca 2016 repealed the companies act 1965 ca 1965 and changed the landscape of company law in malaysia.
One stop professional centre. C the shares in the original or any increased capital may be. 1 this act may be cited as the companies act 2016. The companies act 2016 public company limited by shares constitution of sunway berhad 1.
Australia 2017 cheng co. Minimum number of members. Law of malaysia. 21217 m adopted by a special resolution passed on 30 may 2018 1.
It generally specifies the rules governing the relationship and activities of the corporate its shareholders and directors. The companies act 2016 public company limited by shares constitution of axiata group berhad 1. This article will provide an overview of the ca 2016.
Enacted by the parliament of malaysia as follows. Subject to the provisions of the act and any other written laws and the constitution the company has. One stop professional centre. Secretary means any person who is a holder of a secretary licence or a member of a prescribed body appointed to.
The act means the companies act 2016 or any statutory modification or amendment thereof for the time being.