companies act 2016 constitution

Pursuant to the Companies Act 2016 the Act the MA are now collectively known as the Constitution. THE COMPANIES ACT 2016 PUBLIC COMPANY LIMITED BY SHARES CONSTITUTION of AXIATA GROUP BERHAD 1.

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Under the Companies Act 1965 every company is required to have a Memorandum and Articles of Association MA.

. COMPANIES ACT 2016. As an example the Companies Act 2016 states that issuance of new shares requires ordinary resolution which. The Act means the Companies Act 2016 or any statutory modification or amendment thereof for the time being.

Companies have unlimited capacity to. Under the new Act constitution replaces memorandum and. Under the Companies Act 2016 or in the constitution itself section 37 The.

Procedures on Resignation of Secretary under Section 237 of the Companies Act 2016. The name of the Company is JP. Not mandatory to adopt a constitution.

Companies Act 2016. Constitution of Company - Companies Act 2016 - Objects of Company - Doctrine of Ultra Vires - Constitution of Company - Choice to adopt. Unlimited business activity capacity.

Previously under the Companies Act 1965 any companies limited by shares were statutorily required to have an Articles and Memorandum of Association. Accordance with the Act and are so modified by this Constitution. Under the companies act 2016 or in the constitution.

To make other provision relating to companies and other forms of business organisation. Section 311 Companies Act 2016 states that 31 1 A company other than company limited by guarantee may or may not have a constitution. If the Companies Act 2016 is silent on the method for decision making the company constitution can be used to fill in the gap.

If the company has no constitution then the company director and shareholders shall have all the rights powers duties. The name of the Company is AXIATA GROUP BERHAD. 200601012246 731996-H 2 INTERNAL USE ONLY.

An Act to provide for the registration administration and dissolution of companies and corporations and to provide for related matters. Subject to the provisions of this Act the constitution adopted under subsection 1 shall be. In this Constitution unless there be something in the subject or context inconsistent therewith- Interpretation a Act means the Companies Act 2016 or any statutory modification amendment or re-enactment thereof for the time being in force.

Capital and to pay brokerage and subject to the Companies Act 2016 or any modification thereof for the time being in force commissions for obtaining applications for taking and underwriting share debentures or debenture stock. MORGAN CHASE BANK BERHAD 1. Promoters - Companies Act 2016.

The liability of the members is limited. See Page 1. Since MA is optional if an existing public company intends to.

A Company with a constitution must ensure it does not contradict the Companies Act 2016. THE COMPANY ACT 2016 COMPANY LIMITED BY SHARES CONSTITUTION OF JP. The Companies Act 2016 Act came into force on 31 January 2017 save for section 241 in relation to the requirement of a secretary to register with the Registrar and Division 8 of Part III in relation to corporate rescue mechanism.

THE COMPANIES ACT 2016. Companies Act 2016 INTERPRETATION 7. To amend Part 9 of the Enterprise Act 2002.

However a company may choose not to have a Constitution or prepare a Constitution based on its business. For example a private company may want to amend provisions relating to minimum directorships from current 2 to 1. Companys principal business activities are confined to its object clause under the Memorandum of Association.

Alternate Director means any person who has been appointedand for the time being holds. THE COMPANIES ACT 2016 ----- COMPANY LIMITED BY SHARES ----- CONSTITUTION OF. PDF uploaded 1772019.

And for connected purposes. Pages 10 This preview shows page 6 - 9 out of 10 pages. Queries Issued on Documents and Applications Lodged with t he Registrar.

Act means the Companies Act 2016 and any statutory modification amendment or re-enactment thereof and any and every other legislation or. Incorporated in Malaysia on 2nd day of May 2006. In this Constitution the words standing in the first column of.

The provisions set out in the Companies Act 2016 which may be modified or substituted by the provisions of this Constitution shall not apply to the Company except so far as the same are repeated or contained in this Constitution. Course Title FOBIS BA204. The Companies Act 2016 has also abolished the share premium account and capital redemption reserve account which have been merged with the companys share capital.

However under the current Companies Act 2016 CA 2016 it is no longer mandatory for a company to have a Constitution. COMPANIES ACT 2016 CONSTITUTION OF MISC BERHAD COMPANY LIMITED BY SHARES 10 Interpretation 11 In this Constitution - the Act means the Companies Act 2016 and any statutory modification amendment or re-enactment thereof for the time being in force. An Act to reform company law and restate the greater part of the enactments relating to companies.

Indoor management rule - Companies Act 2016. The registered office of the Company will be situated in Malaysia. Companies Act 2016.

Constitution should the company wish to harmonise its constitution with the provisions of the Companies Act 2016. PDF uploaded 1102018 5. ZURICH TAKAFUL MALAYSIA BERHAD.

Secretary means any person who is a holder of a secretary licence or a member of a prescribed body. Page 2 Foundation Chamber Institute etc Member means the subscriber to the Constitution and any new member admitted as a member in accordance with clause 19. In this Constitution unless the subject matter or context dictates otherwise the following words and phrases shall have the meaning assigned to them herein.

For example a private company may want to amend provisions relating to minimum directorships from current 2 to 1. The share capital of the Company is its issued share capital. The Act replaced the Companies Act 1965.

The Companies Act 2016 can be used as a constitution for Sdn Bhd incorporated under this new Act which means it is not mandatory for the Sdn. The objects for which the Company is established are all or any of the following. Company constitution may be adopted to exchange the provisions of the Companies Act 2016 that is applicable.

MORGAN CHASE BANK BERHAD. 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. The Registered Office shall be situated in Malaysia.

Subject to the provisions of the Act and any other written laws and the Constitution the Company has. To make provision about directors disqualification business names auditors and actuaries.

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