Key Differences & Why You Might Still Need a Constitution Aspect Shareholders’ Agreement Constitution Legal Binding Only between shareholders who signed Legally binds company, directors, and all shareholders Public vs. Private Private, not required to be lodged with SSM Public, accessible under SSM Flexibility Can be changed by agreement of signing parties Requires special resolution… Continue reading Do you still need a Constitution if you have a Shareholders ‘Agreement?
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Memorandum and Articles of Association (M&A) & Constitution in Malaysia
It is not necessary to have a company constitution in Malaysia, however, it is essential for a contract to specify the business’s interaction with its audience. This article provides an understanding of what M&A, and Malaysian Constitution is.