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| Tuesday, 21 May 2013, 04:29 MST |
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Register business, SMEs told |
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| SME Corp Malaysia has urged small traders and entrepreneurs to register their businesses with the agency to receive proper government assistance to expand their businesses. SME Corp chief executive Datuk Hafsah Hashim said many entrepreneurs fail to understand the importance of having their businesses registered, hence they will lose out in the small and medium enterprise industry. "We want to help them expand their businesses with the assistance. But if they don't register their businesses, we |
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| SUPPORTING ORGANIZATIONS |
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| CLASSIFIED |
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| Vacancies |
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| List of available vacancies for legal and related professionals |
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| BOARD OF ADVISORS |
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| NEWS |
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| Fined RM20000 for Cheating |
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| KUALA LUMPUR: An ex-executive director of a caviar manufacturing company was fined RM20,000 after he was convicted by the Sessions Court of cheating the directors of Sturgeon & Caviar Inc (M) Sdn Bhd over his involvement in another company yesterday. |
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| Court strikes out ex-MIH Manager-s Appeal |
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| KUALA LUMPUR: The Court of Appeal has struck out the appeal by Ashari Rahmat against his conviction and sentence for swapping successful balloted envelopes in the initial public offering (IPO) of UPA Corp Bhd shares, with those that did not go t... |
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| Court upholds Conviction for Offence under Companies Act |
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| The High Court of Malaya in Johor Bahru, Johor affirmed the decision of the Johor Bahru’s Sessions Court in convicting Mr. Kumarasamy a/l Naciappian for breaching his fiduciary duties under section 132 (1) of the Companies Act 1965 in Innoseal (... |
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| JUDGMENTS |
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| Court of Appeal: Hoh Kiang Ngan and 15 Others v Hoh Han Keyet |
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| Corporate law – Family company – Disputes between shareholders that one of the branches of the family was sidelined from the management – Settlement Agreement to ensure equal representation for all branches of the family on the Board of Director... |
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| Federal Court: Sime Hok Sdn Bhd v Soh Poh Sheng |
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| Commercial law – Contract – Where an agreement is silent as to the time for performance of a promise thereunder, whether a breach of the promise occurs, without any notice, after the expiry of a reasonable time pursuant to section 47 of the Cont... |
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| REGULATORY |
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| SSM issues Practice Note on Minimum Capital |
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| The Companies Commission of Malaysia has issued a Practice Note (PN 15 of 2012) on “Clarification on Minimum Capital to be Paid in Upon Incorporation of a Company” on 31 December 2012. |
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| INDUSTRY UPDATES |
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| MKMS launches New Look MLTIC Web Cluster |
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| 15 July 2011: Muttath KM Services (MKMS) has re-launched Malaysian Legal and Tax Information Centre (MLTIC), a Free Access to Law cluster of portals on Malaysian law and tax, with several enhanced features and a new look. The new web cluster, wh... |
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| Asean Tax Portal in Pipeline |
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Muttath KM Services has announced the launch of Asean Tax Portal, a portal that will consolidate Asean tax information. More information will follow shortly.
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| New Look MLTIC Web Cluster |
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Muttath KM Services has re-launched Malaysian Legal and Tax Information Centre, a Free Access to Law cluster of portals on Malaysian law and tax, with several enhanced features and a new look. The new web cluster is available at malaysianlaw.my.
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The law of Malaysia is mainly based on the common law legal system, a direct result of the British colonisation of Malaya, Sarawak, and North Borneo by Britain. |
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The Federal Constitution is the supreme law of Malaysia. It establishes a constitutional monarchy with the Yang di-Pertuan Agong as the Head of State. It provides for the establishment of three main branches of the government: the bicameral legislative branch called the Parliament, which consists of the House of Representatives (Dewan Rakyat) and the Senate (Dewan Negara); the executive branch led by the Prime Minister and Cabinet Ministers; and the judiciary headed by the Federal Court.
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MLTIC allows individuals and organizations to take advantage of its standing as the most-visited web portal on Malaysian law and tax by becoming sponsors and advertisers. Several options are available.
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MLTIC is planning to develop a wide range of products and services for Malaysian legal and tax industries. MLTIC believes that forging long-term partnerships with the right people is the way forward, and is looking for enterprising individuals or organizations to partner with.
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Corporate Law aims to build, operate, promote and sustain an online law portal that provides free, fast and easy access to Malaysian corporate and commercial law information.
Corporate Law, the first-of-its-kind web portal in the Region, is accessible at www.corporatelawmalaysia.com. |
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Corporate Law is a micro-site of MLTIC, the most popular web portal on Malaysian law and tax. MLTIC (read as M-L-Tick) or Malaysian Legal and Tax Information Centre is a cluster of web portals on Malaysian law and tax. MLTIC consists of a main portal and 9 micro-sites accessible at or via www.malaysianlaw.my. MLTIC is an initiative inspired by Free Access to Law movement.
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