Question: Please answer Question 4 John and Joe are the shareholders trading under a private company known as Arnab Sdn Bhd and they both also hold

Please answer Question 4

John and Joe are the shareholders trading under a private company known as Arnab Sdn Bhd and they both also hold shares in Kijang Sdn Bhd which is a RM2.00 company. Arnab Sdn Bhd had entered into multiple contracts with Rusa Sdn Bhd amounting to RM500,000.00 and and they failed to make payment despite the numerous reminders and notices. Rusa Sdn Bhd now wants to sue Arnab Sdn Bhd and have discovered that all the rights and benefits of Arnab Sdn Bhd have been transferred to Kijang Sdn Bhd. They have come to you for advise. Advise Rusa on the following 1. 2. 3. Can they sue Arnab Sdn Bhd for RM500,000.00 and why Can they proceed to sue Kijang Sdn Bhd for the sum of RM500,000.00 and why Can they sue John and Joe personally What are the common law provisions available to them to ensure they can sue and in which capacity? 4

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