Recently, I attended a court session where a company director was charged under Section 409 of the Malaysian Penal Code. He faces a minimum of 2 years in jail, mandatory caning, and fines. This is the harsh reality directors face when breaching the immense trust placed in them. So, What Is Section 409? As a… Continue reading Did you know that breaching trust as a director could land you in jail or even face caning?
Category: Legal
Who is Not Eligible to Become a Director of Sdn. Bhd.
Click here to read the Chinese version 点击此处阅读华语版本 Before opening a company, it is necessary to know and understand the qualifications and disqualifications of company directors. Other than that, it is important that directors of Malaysian companies act according to the responsibilities of their duties in order to avoid breaching the company law and committing… Continue reading Who is Not Eligible to Become a Director of Sdn. Bhd.
Section 17A of the MACC Act 2009 (Amendment 2018)
On 1st June 2020, Section 17A of the MACC Act 2009 was enforced should any person associated with a commercial organization commits any corruption offences, that person will be subjected to legal proceeding under the Section 17A of the said Act. Person Associated with the Commercial Organization A person deemed to be associated with the… Continue reading Section 17A of the MACC Act 2009 (Amendment 2018)