Corporate Law

Top Story

Ganesh Paulraj v Avantgarde Shipping Pte Ltd

Companies - Striking off defunct companies - Restoration of struck off company

More Top Stories Read More

Other Headlines

SGX mulls New Rule to protect Minority Shareholders in Delistings

The proposed listing rules by the Singapore Exchange Regulation could curtail the role of controlling shareholders in a voluntary delisting, giving more protection to minority shareholders against whom the odds are heavily against under such circumstances.
Date: 12 June 2018; Type: Legal News; Source: Singapore Law Watch

Listing Interest lackluster despite upcoming Law

Yangon, June 11 (MMT) -Though the new Myanmar Companies Law is less than three months away from being officially enforced, interest to list on the Yangon Stock Exchange (YSX) has not picked up as substantially as expected, said U Thet Tun Oo, senior executive manager of the YSX.
Date: 11 June 2018; Type: Legal News; Source: Myanmar Times

Limited Liability Partnerships (Amendment) Regulations 2018

These Regulations come into operation on 1 June 2018.
Date: 31 May 2018; Type: Federal Subsidiary Legislation; Citation: No. S 335; Source: Singapore Statutes Online

Limited Partnerships (Amendment) Regulations 2018

These Regulations come into operation on 1 June 2018.
Date: 31 May 2018; Type: Federal Subsidiary Legislation; Citation: No. S 336; Source: Singapore Statutes Online

Business Names Registration (Amendment) Regulations 2018

These Regulations come into operation on 1 June 2018.
Date: 31 May 2018; Type: Federal Subsidiary Legislation; Citation: No. S 333; Source: Singapore Statutes Online

Companies (Fees and Late Lodgment Penalties) (Amendment No. 2) Regulations 2018

These Regulations come into operation on 1 June 2018.
Date: 31 May 2018; Type: Federal Subsidiary Legislation; Citation: No. S 334; Source: Singapore Statutes Online

Lim Boon Chuan @ Lim Ban Huat v Wonderful Castle Sdn Bhd and Another

Corporate law – Winding up – Liquidator – Sale of land by the liquidator on behalf of the company – Application to remove the liquidator under section 137 of the Companies Act 1965

Corporate law – Winding up – Liquidator – Application to remove the liquidator – Whether the liquidator had ac ...

Date: 23 April 2018; Court: Court of Appeal; Citation: [2018] MYCA 162; Source: Federal Court Registry

Bill of the Act to enhance Inter-LGU Cooperation

This Bill seeks to amend the Local Government Code for the creation of a mechanism by which LGUs that wish to organize themselves into a legal entity can access credit financing or other debt instruments, making their alliance more efficient and effective.
Date: 26 April 2018; Type: Federal Bill; Citation: SB No. 1786 of 2018; Source: Senate of The Philippines

DTI encourages Micro Enterprises to avail of Incentives under BMBE Law

The Department of Trade and Industry (DTI) encouraged underground micro entrepreneurs to make formal their businesses and avail incentives readily available to them through the Barangay Micro-Business Enterprise (BMBE) Law.
Date: 18 May 2018; Type: Legal News; Source: Department of Trade and Industry

Co-Operative Societies (Assumption of Control) (Reappointment) Order 2018

This order by the Malaysia Co-operative Societies Commission is to reappoint Mohd Shihabuddin bin Mohd Yazid to assume control of the Koperasi Guru-Guru DTC Malaysia Berhad and its related corporations with effect from 30 March 2018 to 29 March 2019.
Date: 18 May 2018; Type: Federal Subsidiary Legislation; Citation: P.U. (A) 124 of 2018; Source: AGC Federal Gazette

Accounting and Corporate Regulatory Authority (Filing Agents and Qualified Individuals) (Amendment) Regulations 2018

These Regulations come into operation on 11 May 2018.
Date: 10 May 2018; Type: Federal Subsidiary Legislation; Citation: No. S 290; Source: Singapore Statutes Online

Draft Regulations of Companies Law released, go into effect in August

Public consultations of the draft regulations end on May 31. Existing companies registered in Myanmar have until January 31 next year to re-register on an electronic system once the new Companies Law and related regulations come into effect on August 1. Draft regulations of the Companies Law, which was enacted last December, have been rel ...
Date: 07 May 2018; Type: Legal News; Source: Myanmar Times

Poh Leong Soon v SL Hair & Beauty Slimming Centre Pte Ltd

Companies - Winding up

Date: 27 April 2018; Court: High Court; Citation: [2018] SGHC 109; Source: Singapore Law Watch

Perak Integrated Networks Services Sdn Bhd v Urban Domain Sdn Bhd and Another

Corporate law – Deadlock in the management and control of a company – Derivative action – Whether a derivative action can in law be brought for the benefit of a company where there is a deadlock in the board of directors (the management) and among the shareholders (the control) – Test to establish “wrongdoer control ...

Date: 16 April 2018; Court: Federal Court; Citation: [2018] MYFC 10; Source: Federal Court Registry

PT Kawasan Berikat Nusantara (Persero) v PT Tirta Cipta Busana

Date: 16 January 2018; Court: Supreme Court of Indonesia; Citation: SC No. 1 K/Pdt.Sus-Pailt/2018; Source: Supreme Court of Indonesia

PT Arthafajar Mitrasejati DKK v PT Internusa Keramik Alamsari DKK more

Lim Boon Chuan @ Lim Ban Huat v Wonderful Castle Sdn Bhd and Another

Corporate law – Winding up – Liquidator – Sale of land by the liquidator on behalf of the company – Application to remove the liquidator under section 137 of the Companies Act 1965

Corp ...

Co-Operative Societies (Assumption of Control) (Reappointment) Order 2018 Perak Integrated Networks Services Sdn Bhd v Urban Domain Sdn Bhd and Another Christopher Tiong Chung Ang v Buroi Mining Sdn Bhd and 4 Others more

Listing Interest lackluster despite upcoming Law

Yangon, June 11 (MMT) -Though the new Myanmar Companies Law is less than three months away from being officially enforced, interest to list on the Yangon Stock Exchange (YSX) has not picked up as substantially as expecte ...

Draft Regulations of Companies Law released, go into effect in August Draft Bill combines Corporate, Personal Insolvency in One Legislation more

Bill of the Act to enhance Inter-LGU Cooperation

This Bill seeks to amend the Local Government Code for the creation of a mechanism by which LGUs that wish to organize themselves into a legal entity can access credit financing or other debt instruments, making the ...

DTI encourages Micro Enterprises to avail of Incentives under BMBE Law Shareholders' Approval on any Change/s in the Company's External Auditor Luis Juan L Virata and Another v Alejandro Ng Wee and 7 Others, and 4 Other Appeals more

INDUSTRY UPDATES

Emergency Decree to be lifted in More Areas

BANGKOK, June 24 (NNT) - The National Security Council (NSC) is considering withdrawing the Emergency Decree in more areas of the restive south after last week’s revocation of the special law in two districts.

Read More

INDUSTRY UPDATES

Chiang Mai Justice Office offers Guidance to Youth

CHIANG MAI, June 23 (NNT) - The Chiang Mai Justice Provincial Office is offering guidance to local youth to induce participation in preventing and solving the problem of crime in society.

Read More

INDUSTRY UPDATES

EC Member calls for use of Special Law to determine Constituencies

BANGKOK, June 23 (NNT) - The Election Commission (EC) has called on the government and the National Council for Peace and Order (NCPO) to utilize Article 44 of the provisional constitution to speed up preparations for primary elections.

Read More

INDUSTRY UPDATES

Excise Department to take Tax Measure to encourage use of B20 Biodiesel

BANGKOK, June 22 (NNT) - The Excise Department is taking a tax measure to encourage the use of B20 biodiesel.

Read More

INDUSTRY UPDATES

Duterte appoints new CA Justice

MANILA, June  22 (PNA) - President Rodrigo Duterte has appointed Dorothy Montejo-Gonzaga as associate justice of the Court of Appeals (CA).

Read More

INDUSTRY UPDATES

President to issue Online Licensing System

Denpasar, Bali, June 24 (ANTARA News) - President Joko Widodo (Jokowi) said the government will soon issue an integrated licensing system through "online single submission" to speed up the process of business licensing.

Read More

INDUSTRY UPDATES

Journalists banned from Trial of Thamrin Bombings' Defendant

Jakarta, June 22 (ANTARA News) - Journalists reporting on the verdict on accused Oman Rahman involved in the Thamrin bombing in 2016 were banned from the main courtroom in the South Jakarta district court where the trial proceedings were ongoing.

Read More

INDUSTRY UPDATES

Temporary Work Visit Passes revoked from 11th Year

PUTRAJAYA, June 22 (Bernama) - The Immigration Department has denied a newspaper report that the Home Ministry (KDN) was withdrawing the approval of extending the Visit Pass (Temporary Employment) or PLKS for the second and subsequent years approved by the previous government.

Read More

INDUSTRY UPDATES

French Judiciary pursuing Scorpene Corruption Scandal - Guan Eng

KUALA LUMPUR, June 22 (Bernama) - Finance Minister Lim Guan Eng today met French Ambassador Frédéric Laplanche who disclosed that the French judicial system is pursuing the 1 billion-euro Scorpene submarine corruption scandal.

Read More

INDUSTRY UPDATES

Datuk Nor Shamsiah Mohd Yunus appointed as the Bank Negara Malaysia Governor

His Majesty Yang di-Pertuan Agong has on 19 June 2018 granted his royal consent to the recommendation of YAB Prime Minister Tun Dr. Mahathir Mohamad to appoint Datuk Nor Shamsiah Mohd Yunus as the new Governor of Bank Negara Malaysia.

Read More

INDUSTRY UPDATES

Actions against Companies in Enforcement Operation targeting Machinery Safety and Amputation Hazards

The Ministry of Manpower mounted a two-month enforcement operation in April and May 2018 targeting machinery safety to address hand and finger injuries at the workplace. 380 inspections were conducted at 350 companies in the manufacturing, construction and marine sectors.

Read More

INDUSTRY UPDATES

House unveils New Website

The House of Representatives has unveiled its new website house.gov.ph., in its effort to bring legislation closer to the public. The website is easily navigable and uses simple, easy-to-understand language to engage the public and encourage interest in legislation.

Read More

INDUSTRY UPDATES

Agreement on curbing Illegal Drug use through Preventive Education signed in New York

The Philippine Consulate General in New York witnessed the signing of a landmark Memorandum of Agreement between non-profit organization Friends Indeed USA Inc., and Philippine-based non-government organization People’s Volunteer Against Illegal Drugs on 27 May 2018 at Astoria World Manor, Queens, New York City.

Read More

INDUSTRY UPDATES

Philippines Champions Small and Medium Entrepreneurs at APEC Senior Officials Meet

The Department of Foreign Affairs championed Micro, Small and Medium Enterprise (MSMEs) at the Second Senior Officials’ Meeting (SOM2) of the Asia-Pacific Economic Cooperation (APEC) in Port Moresby, Papua New Guinea.

Read More

INDUSTRY UPDATES

DOJ-OOC continues Conduct of Judicial Training on Cybercrime for the ASEAN Prosecutors and Judges

The Department of Justice - Office of Cybercrime (DOJ-OOC), in partnership with the Supreme Court of the Philippines and the Global Action on Cybercrime Extended (GLACY+) Project, is set to conduct the Advanced Judicial Training Course on Cybercrime and Electronic Evidence for Judges, Magistrates and Prosecutors for the ASEAN Region in Cebu, Philippines on 19-22 June 2018.

Read More