Companies Act 1965

Last updated
Companies Act 1965
MalaysianParliament.jpg
Parliament of Malaysia
  • An Act relating to companies.
Citation Act 125
Territorial extentThroughout Malaysia
Enacted by Dewan Rakyat
Passed9 August 1965
Enacted1965 (Act No. 79 of 1965)
Revised: 1973 (Act 125 w.e.f. 14 December 1973)
Enacted by Dewan Negara
Passed16 August 1965
Effective [Throughout Malaysia—15 April 1966, P.U. 168/1966]
Repealed31 January 2017
Legislative history
Bill introduced in the Dewan Rakyat Companies Bill 1965
Introduced by Lim Swee Aun, Minister of Commerce and Industry
First reading 26 May 1965
Second reading 9 August 1965
Third reading 9 August 1965
Bill introduced in the Dewan Negara Companies Bill 1965
Introduced by Lim Swee Aun, Minister of Commerce and Industry
First reading 16 August 1965
Second reading 16 August 1965
Third reading 16 August 1965
Amended by
Companies (Amendment) Act 1966 [Act 23/1966]

Companies (Amendment) Act 1969 [Act A21]
Borrowing Companies Act 1969 [Act 6]
Emergency (Essential Powers) Ordinance No. 27, 1970 [P.U. (A) 102/1970]
Companies (Amendment) Act 1971 [Act A50]
Banking Act 1973 [Act 102]
Revision of Laws (Companies Act) Order 1975 [P.U. (A) 15/1975]
Malaysian Currency (Ringgit) Act 1975 [Act 160]
Subordinate Courts Act (Extension) Order 1980 [P.U. (A) 357/1980]
Islamic Banking Act 1983 [Act 276]
Companies (Amendment) Act 1985 [Act A616]
Companies (Amendment of Schedules) Order 1986 [P.U. (A) 15/1986]
Companies (Amendment of Schedules) (No.2) Order 1986 [P.U. (A) 476/1986]
Companies (Amendment) Act 1986 [Act A657]
Subordinate Courts (Amendment) Act 1987 [Act A671]
Companies (Amendment of Schedule) Order 1988 [P.U. (A) 14/1988]
Companies (Amendment) Act 1989 [Act A720]
Banking and Financial Institutions Act 1989 [Act 372]
Companies (Amendment) Act 1991 [Act A791]
Companies (Amendment) Act 1992 [Act A816]
Companies (Amendment) (No.2) Act 1992 [Act A836]
Companies (Amendment) Act 1993 [Act A845]
Securities Commission Act 1993 [Act 498]
Companies (Amendment of Schedules) Order 1993 [P.U. (A) 79/1993]
Companies (Amendment) Act 1996 [Act A949]
Insurance Act 1996 [Act 553]
Companies (Amendment) Act 1997 [Act A1007]
Companies (Amendment) Act 1998 [Act A1022]
Companies (Amendment) (No.2) Act 1998 [Act A1043]
Companies (Amendment of Schedule) Order 2000 [P.U. (A) 236/2000]
Companies (Amendment) Act 2000 [Act A1081]
Companies (Amendment) Act 2001 [Act A1108]
Companies (Amendment of Schedule) Order 2001 [P.U.(A) 371/2001]
Companies (Amendment) Act (No.2) 2001 [Act A1118]
Bankruptcy (Amendment) Act 2003 [Act A1197]

Companies (Amendment) Act 2007 [Act A1299]

Contents

Repealed by
Companies Act 2016 [Act 777] [1] [2]
Status: Repealed

The Companies Act 1965 (Malay : Akta Syarikat 1965), is a Malaysian law which relates to companies.

Structure

The Companies Act 1965, in its current form (15 August 2007), consists of 12 Parts containing 374 sections and 10 schedules (including 36 amendments).

See also

Related Research Articles

The Office of the Data Protection Commissioner (DPC), also known as Data Protection Commission, is the independent national authority responsible for upholding the EU fundamental right of individuals to data privacy through the enforcement and monitoring of compliance with data protection legislation in Ireland. It was established in 1989.

Liquidation Winding-up of a company

Liquidation is the process in accounting by which a company is brought to an end in Canada, United Kingdom, United States, Ireland, Australia, New Zealand, Italy, and many other countries. The assets and property of the company are redistributed. Liquidation is also sometimes referred to as winding-up or dissolution, although dissolution technically refers to the last stage of liquidation. The process of liquidation also arises when customs, an authority or agency in a country responsible for collecting and safeguarding customs duties, determines the final computation or ascertainment of the duties or drawback accruing on an entry.

Law of Singapore National law of the city-state

The legal system of Singapore is based on the English common law system. Major areas of law – particularly administrative law, contract law, equity and trust law, property law and tort law – are largely judge-made, though certain aspects have now been modified to some extent by statutes. However, other areas of law, such as criminal law, company law and family law, are almost completely statutory in nature.

The Internal Security Act 1960 was a preventive detention law in force in Malaysia. The legislation was enacted after the Federation of Malaya gained independence from Britain in 1957. The ISA allows for detention without trial or criminal charges under limited, legally defined circumstances. On 15 September 2011, the Prime Minister of Malaysia, Najib Razak said that this legislation will be repealed and replaced by two new laws. The ISA was replaced and repealed by the Security Offences Act 2012 which has been passed by Parliament and given the royal assent on 18 June 2012. The Act came into force on 31 July 2012.

Insolvency Act 1986 United Kingdom legislation

The Insolvency Act 1986 is an Act of the Parliament of the United Kingdom that provides the legal platform for all matters relating to personal and corporate insolvency in the UK.

Companies Act 2006 British statute

The Companies Act 2006 is an Act of the Parliament of the United Kingdom which forms the primary source of UK company law.

Child Act 2001

The Child Act 2001 is a Malaysian law which served to consolidate the Juvenile Courts Act 1947 [Act 90], the Women and Girls Protection Act 1973 [Act 106], and the Child Protection Act 1991 [Act 468]. It was enacted partially in order to fulfil Malaysia's obligations under the United Nations Convention on the Rights of the Child. However, it retains the option of corporal punishment for child offenders. In December 2004, members of the legal community suggested that the law needed review, despite its newness, in order to clarify its criminal procedures. One example of the Act's unclarity was brought to light in a 2007 case involving a 13-year-old convicted of murder. Under Section 97(1) of the Act, capital punishment may not be applied to children; Sections 97(2), 97(3), and 97(4) make provisions for alternative punishments for offences which would result in the death penalty if committed by adults, namely detention at the pleasure of the Yang di-Pertuan Agong. However, Section 97(2) was overturned by the Court of Appeal in July 2007 on the grounds that it violated the Constitution of Malaysia's doctrine of separation of powers, leading to the situation that no punishment at all could be rendered.

Coal Industry Nationalisation Act 1946 United Kingdom legislation

The Coal Industry Nationalisation Act of 1946 is an Act of the Parliament of the United Kingdom which nationalised, or brought into state control, the coal industry in Great Britain. It established the National Coal Board as the managing authority for coal mining and coal processing activities. It also initially provided for the establishment of consumers' councils. The Coal Industry Nationalisation Act 1946 was the first of a number of Acts promulgated by the post-war Labour government to nationalise elements of the UK's industrial infrastructure; other Acts include the Electricity Act 1947; the Transport Act 1947 ; the Gas Act 1948; and the Iron and Steel Act 1949.

<i>Re Barleycorn Enterprises Ltd</i> British case on insolvency

Re Barleycorn Enterprises Ltd [1970] Ch 465 is a UK insolvency law case, concerning the priority of creditors in a company winding up. It was held that fees for liquidation came in priority to preferential claims and floating charges. This was overturned by the House of Lords in Buchler v Talbot, but reinstated by Parliament through an amendment to the Insolvency Act 1986 s 176ZA.

Ministry of Domestic Trade and Consumer Affairs (Malaysia)

The Ministry of Domestic Trade and Consumer Affairs, abbreviated KPDNHEP, is a ministry of the Government of Malaysia that is responsible for domestic trade, co-operatives, consumerism, franchise, companies, intellectual property, competition, controlled goods, price control, direct selling, consumer rights, trader.

Union list or List-I is a list of 97 numbered items given in Seventh Schedule in the Constitution of India on which Parliament has exclusive power to legislate. The legislative section is divided into three lists: the Union List, State List and Concurrent List. Unlike the federal governments of the United States, Switzerland or Australia, residual powers remain with the Union Government, as with the Canadian federal government.

Anguillan company law is primarily codified in three principal statutes:

  1. the International Business Companies Act ;
  2. the Companies Act ; and
  3. the Limited Liability Companies Act.
Hong Kong insolvency law Financial regulation in Hong Kong

Hong Kong insolvency law regulates the position of companies which are in financial distress and are unable to pay or provide for all of their debts or other obligations, and matters ancillary to and arising from financial distress. The law in this area is now primarily governed by the Companies Ordinance and the Companies Rules. Prior to 2012 Cap 32 was called the Companies Ordinance, but when the Companies Ordinance came into force in 2014, most of the provisions of Cap 32 were repealed except for the provisions relating to insolvency, which were retained and the statute was renamed to reflect its new principal focus.

National Land Code (Malaysia) Malaysia law which enacted to amend and consolidate the laws relating to land and land tenure

The National Land Code, is a Malaysian laws which enacted to amend and consolidate the laws relating to land and land tenure, the registration of title to land and of dealings therewith and the collection of revenue therefrom within the States of Johore, Kedah, Kelantan, Malacca, Negeri Sembilan, Pahang, Penang, Perak, Perlis, Selangor, Terengganu and the Federal Territory of Kuala Lumpur, and for purposes connected therewith.

Communications and Multimedia Act 1998

The Communications and Multimedia Act 1998, is a Malaysian law which enacted to provide for and to regulate the converging communications and multimedia industries, and for incidental matters.

Armed Forces Act 1972

The Armed Forces Act 1972 [Act 77), is a Malaysian laws which enacted to amend and consolidate the law relating to the establishment, government and discipline of the armed forces of Malaysia.

Postal Services Act 2012

The Postal Services Act 2012, is a Malaysian laws which enacted to provide for the licensing of postal services and the regulation of the postal services industry, and for incidental or connected matters.

Strata Management Act 2013

The Strata Management Act 2013, is a Malaysian laws which enacted to provide for the proper maintenance and management of buildings and common property, and for related matters.

The Companies (Amendment) Act, 2015, of India, was granted the assent of the President on May 25, 2015, but was published in the Official Gazette on May 26, 2015. This Amendment aims to swiftly bridge some of the most pressing concerns of stakeholders such as the need to align business exigencies with certain actions deemed punishable with criminal law under the original Act of 1956 but not yet amended in the new Companies Act of 2013.

References

  1. "Companies Act 2016" (PDF). Parliament of Malaysia. Retrieved 11 June 2022., section 620
  2. Hamzah Zainudin. "Appointment of Date Coming into Operation" (PDF). Federal Government Gazette. Retrieved 11 June 2022.