Members
Management Representative of CCM
Consultant
Secretariat
Working Group A
Working Group B
Working Group C
Working Group D
Working Group E
An Insight to Corporate Law reform In Malaysia
Reviewing The Traditional Concepts That Underlie The Working of Capital Raising
Reforming the Corporate Insolvency Regime
Reform Trends In Directors' Duties
1. Strategic Framework for the CLRC of CCM
2. On Capital Maintenance Rules and Share Capital: ...
3. Engagement with Shareholders
4. Company Liquidation - Reforms and Restatement of the Law
5. Clarifying And Reformulating The Directors’ Role And Duties
6. Members' Rights and Remedies
7. Creating a Conducive Legal and Regulatory Framework for Businesses
8. Capital Maintenance Rules and Share Capital
9. Substantial Property Transactions, Disclosure Obligations and Loans to Directors
10. Corporate Insolvency, Rehabilitation and Charges
12. Auditors’ Roles and Responsibilities

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REVIEW OF CRIMINAL, CIVIL AND ADMINISTRATIVE SANCTIONS IN THE COMPANIES ACT 1965

 
       
   

This Consultative Document focuses on the review of the sanctions and enforcement provisions found under the Companies Act 1965. The objective of this review is to create a comprehensive framework by providing for sanctions which are appropriate to support the business environment.

In this Consultative Document, the present position under the Companies Act 1965 and those of the other jurisdictions have been laid out for discussion. Particular attention was paid to jurisdictions such as the UK and Australia as the legal frameworks closely resembles ours.

It is imperative that the corporate framework provides appropriate measures to ensure compliance with the provisions of the Act as any transgression will have an effect on the economy and the community at large.

We hope to receive views and comments on the recommendations stated in this Consultative Document. Please reply to Nor Azimah Abdul Aziz at the Companies Commission of Malaysia (SSM) by 2 January 2008.

Download the above consultative document here (.pdf)