Question: Under the new Companies Act 2016, a constitution is optional for a company limited by shares. To what extend do you agree with this statement?

Under the new Companies Act 2016, a constitution is optional for a company limited by shares.

To what extend do you agree with this statement? Discuss.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Law Questions!

Q:

Use the information contained below to compress one time unit per move using the least cost method. Assume the total indirect cost for the project is $700 and there is a savings of $50 per time unit...

Q:

Yes, I agree that constitution under Companies Act 2016 are optional for a company limited by shares. According to section 31 (1) Companies Act 2016 stated that a company, other than company limited...

Q:

Under the new Companies Act 2016, a constitution is optional for a company limited by shares. To what extend do you agree with this statement? Discuss. Under Malaysia Corporate Law CA 2016

Q:

question : Refer to page 227 on Notes to the Financial Statement of the 2019 Annual Report of AirAsia Group Berhad (AAGB) and read the General Information of AAGB. Explain what you have learned about...

Q:

question : Refer to page 227 on Notes to the Financial Statement of the 2019 Annual Report of AirAsia Group Berhad (AAGB) and read the General Information of AAGB. Explain what you have learned about...

Q:

Article With effect of 31 January 2016, the Companies Act 2016 (CA 2016) repealed the Companies Act 1965 (CA 1965) and changed the landscape of company law in Malaysia. Ushering in sweeping reforms,...

Q:

Read the following article carefully. There are fifteen (15) wrong information in the article. Highlight the wrong information and rectify the wrong information using the following format. E.g. Wrong...

Q:

Hi Sirs, I need your help. This assignment due date is next week thursday (30/03/2017). The instructions are as in the attached doc. and also the Companies which will be used for it are attached...

Q:

There are ten ( 1 0 ) wrong information in the article. Highlight the wrong information and rectify the wrong information . ArticleWith effect of 3 1 January 2 0 1 6 , the Companies Act 2 0 1 6 ( CA...

Q:

The annual report for Fraser & Neave Holdings Bhd is as follows: The annual report for Dutch Lady Milk Industry Bhd is as follows: Fraser & Neave Holdings Bhd and Dutch Lady Milk Industries Berhad...

Q:

LAW 2422 Could I get the answer for those questions? This is talking the about the LAW 2422 at RMIT LAW OF INVESTMENTS AND FINANCIAL MARKETS Tutorial Questions Tutorial 1 Revision / Introduction to...

Q:

Q:Vector function E = co exist in a region of two spherical shells define by r = 2 and r = 3. %3D Determine the following integrals. (a) $E ds and (b) S(V E)dv [6]

Q:

How thick (minimum) should the air layer be between two flat glass surfaces if the glass is to appear bright when 450-nm light is incident normally? What if the glass is to appear dark?

Q:

Why is the statement of cash flows considered a crucial and necessary financial statement? It helps investors assess a company's ability to generate cash. It provides detailed information about a...

Q:

A corporate jet costs $1,350,000 and will incur $200,000 per year in fixed cost (maintenance, ...) and $277 per hour variable cost (fuel, ...). The jet will be operated 1200 hours per year for 5...

Q:

Create a regression model for the Wedding Cost data set, using Wedding Cost as the dependent variable, and all other variables as independent variables. Try whether the Bride and Groom were payors...

Q:

On June 20, 2018 the City of Collinstown issued $3,000,000 of bonds at par to be used in the construction of a new city hall. The City also received a $100,000 state grant in 2018 to help cover costs...

Q:

The following examples of firm-specific or market risk? a. An oil company failing to find oil in one of its oil fields. b. GDP numbers beating expectations. c. The SEC finding accounting...

Q:

Write a program to wish happy birthday to a student. Firstly, take today month and day as an input and secondly take birthday as an input in the form of month and day. If the input day and month...

Q:

7. Imagine a communication situation in a work context or in the home situation that has made a big impression on you, positively or negatively. a. Examine now i. your own intentions ii. what you...

Q:

Personal role: This consists of service to family and friends.

Q:

The role of life: It consists of your own service to yourself.