Act 643 Langkawi International Yachting Companies Act 2005.PDF

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    Langkawi International Yachting Companies

    LAWS OF MALAYSIA

    RepRint

    A 643

    LAngkAWI InternAtIOnAL

    YAchtIng cOMpAnIeSAct 2005

    Incorporating all amendments up to 1 January 2006

    published by

    the CommissioneR of law Revision, malaysia

    undeR the authoRity of the Revision of laws aCt 968

    in CollaboRation with

    peRCetakan nasional malaysia bhd

    2006

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    LAngkAWI InternAtIOnAL YAchtIngcOMpAnIeS Act 2005

    d R a ... 9 ag 005

    d c Gazette sr 005

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    LAWS OF MALAYSIA

    A 643

    LAngkAWI InternAtIOnAL YAchtIngcOMpAnIeS Act 2005

    aRRanGement of seCtions

    Part i

    pReliminaRysc

    . sr cc

    . irr

    . d r g c

    4. R c

    5. n-c C ac 965

    6. pr r r c lg c

    Part ii

    administRation of aCt

    7. Rgrr C

    8. pr r

    9. pr cc c

    0. pr cc g

    . pr x r

    . lg r g c Rgrr

    . ecrc g r g c

    4. er crc g r c

    5. org c c g

    6. ar r

    7. C r8. ar qr

    9. Rgr

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    4 Laws of Malaysia Act 643

    Part iii

    Constitution of Companies

    Division

    inCoRpoRation

    sc

    0. fr c

    . Rgr crr

    . ac r rgr rg c g c lg

    . prr r rc4. Rqr r

    Division

    status and name

    5. pr c

    6. Ultra vires rc

    7. n lg c

    8. Cg

    9. arc c

    0. ar r r rc c

    . C r rc c

    . trc rc

    . pr g crrg lg c r

    Part iv

    shaRes and ChaRGes

    Division

    shaRes

    4. Rr

    5. C

    6. Rr

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    5Langkawi International Yachting Companies

    7. sr r cc

    8. pr r g rg

    9. dg lg c r, etc .

    40. Cc rcqr r lg c

    4. i r c

    4. ar r c

    4. v r rr

    44. sc r r rc r c

    45. Rg r rrc r rc c

    46. R rrc r

    47. Rrc g r c

    Division

    title and tRansfeRs

    48. nr r

    49. nrg r

    50. Crc c

    5. lg c r

    5. ir rr rr r rr

    5. d lg c rc crc

    Division

    ReGisteR of ChaRGes

    54. n-c d

    55. Rgr crg

    Part v

    manaGement and administRation

    Division

    offiCe and name

    56. Rgr c lg c

    sc

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    6 Laws of Malaysia Act 643

    57. n c r , r, etc .

    Division

    diReCtoRs and offiCeRs

    58. drcr

    59. C c rcr

    60. v c rcr

    6. Rgrr r rr r r gg lgc

    6. dcr r crc, rr, c, etc .

    6. d cr

    64. scrr

    65. Rgr rcr cr

    66. oc g r ac c rcr crr

    Division

    meetinGs and pRoCeedinGs

    67. mg r

    68. nc g r

    69. Qr, cr, g, etc., g

    70. vg r

    7. ac c r rg

    7. pr Cr rr g c7. sc r

    74. lg c cr r gr

    75. m rcg

    Division 4

    ReGisteR of membeRs

    76. Rgr r

    77. pc rgr

    sc

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    7Langkawi International Yachting Companies

    78. Cqc g

    79. pr Cr rc rgr

    Division 5

    RetuRns of Company

    80. Rr lg c

    Part vi

    aCCounts and audit

    Division

    aCCounts

    8. acc

    8. acc r g

    8. acc r

    Division

    audit

    84. ar

    85. ar rqr cr crcc

    86. R rg r

    87. Rr r88. ar g

    89. Rg r

    Part vii

    aRRanGement and ReConstRuCtion

    90. arrg

    9. Rg rc r rgr

    sc

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    8 Laws of Malaysia Act 643

    Part viii

    foReiGn lanGkawi Companies

    sc9. ac rr

    9. Rgr rg lg c

    94. pr rrc rg lg c

    95. Rgr c rg lg c

    96. Rr g r c, etc ., r

    97. src rg lg c

    98. C lg

    99. lq r rg lg c c crr r rg

    00. n rg lg c

    0. Rr rg lg c

    Part iX

    manaGement entity

    0. arz g

    0. Rc rz

    Part X

    misCellaneous

    04. Rcr g

    05. src c lg c

    06. trr r lg

    07. C rcg r Cr

    08. scr r c

    09. d r rr r r

    0. pr gr r

    . irrgr rcg

    . tr r

    . d r r

    4. u r Crr, etc .

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    9Langkawi International Yachting Companies

    5. Gr

    6. d

    7. prc

    8. Cg c

    9. prcr r

    0. Rg

    . pr mr

    . scrc

    . pr x

    4. f, rg

    5. C rc r , etc .

    6. f Rgrr

    7. ec rg

    scheDule

    sc

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    0 Laws of Malaysia Act 643http://perjanjian.org

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    Langkawi International Yachting Companies

    LAWS OF MALAYSIA

    A 643

    *LAngkAWI InternAtIOnAL YAchtIng

    cOMpAnIeS Act 2005

    a ac r r crr, rgr

    r r cg c lg

    r r cc r.

    [ ]

    enActeD pr m :

    Part i

    pReliminaRy

    So il ad ommm

    1. () t ac c lg irycg C ac 005.

    () t ac c r

    mr c Gazette.

    Iaio

    2. () i ac, cx r rqr

    c-r c c r, r

    rcr ( cr) crr r c,

    c g, c crg rg, c crrg,

    c rg r r rg, c rc,

    c cr, c-r rcr r c r

    c, r r rg c cg Rgrr r;

    *NOTEt ac rc.

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    Laws of Malaysia Act 643

    c rgr r r rcr r cc r ccg rcr, r c, rcrr r, c c;

    r r ;

    r cr crr r crg crr;

    r c r r gr r rrc cc ;

    cr cr rcr r

    rcr c r r c c;

    g g ccrc r ac;

    rcr rcr r r ac;

    c c , rr r g rc, c rgr;

    r r crrc us arc;

    g crr rz mr c lg c r rglg c r c 0 ac;

    crg c rgg gr g r xc crg r rgg r r r;

    r r r r r c6();

    lg lg i jc g rr lg i ;

    Cr hg Cr r jg r;

    r, r lg c,

    r c c r g rc, r rg lg c,

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    Langkawi International Yachting Companies

    crr, , r c r rcg r g c c;

    mr mr crg rr c r cr r;

    r c, r r r, , rcr , r r lg c ;

    r c crr, rr, r crr ;

    xr gr, r, cc, r r r r r r g r ;

    cr, r lg c r rg lgc, c

    (a) rcr, crr r r r r rcr r c c;

    (b) rcr gr r rg c r r c r;

    (c) qr c rg ;

    c

    (d) rcr gr;

    (e) rcr gr Cr; r

    (f) qr Cr r crr;

    r qr r r r c8();

    r

    (a) r r r, cz r rr m; r

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    4 Laws of Malaysia Act 643

    (b) r r r, r c rg m,

    c r cr r r c 4 excg Cr ac 95 [ Act 17];

    rr, r rc r cc lg c, rr c r rr rc r r r rc, c r r cg r r rcc;

    crr, r lg c, r cr c g , c r r c , rr r r r crr, c r g crr;

    Rgrr Rgrr C r Cac 965 [Act 125], c Rg Rgrr, d

    Rgrr r a Rgrr C;

    rcr r, r c, ccg rcr lg c r rglg c, c r ccrc rc r rc rcr c cr cc c r r rcr;

    rg rg r ac;

    crr lg c, rg lgc, c c r rg c;

    c cc , -, crr, rg,x r c;

    rc rc, c, crcr, rr g c r r r c cr r r rc, r rg c r crr rc, r r r lgc r r lg c;

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    5Langkawi International Yachting Companies

    rg c

    (a) c, c, c r r crr m; r

    (b) crr c, c r r c r c rg r , r rr crrr r cr c, c r r r, c c r rc c m;

    c c c crr r C ac 965;

    lg c c crr r ac crrg c-r c;

    rg lg c rg c rgrr pr viii;

    r, r lg c, r r c c, c c;

    c lg c r c(6);

    c , , g, c; crrg g.

    () fr r ac, r c r r

    (a) r, r r gr r r, (r r r, ,r cc , r r) rc, rcr rc, rc r r xrc, r cr xrc , rgcg r; r

    (b) r, g crr, cr r r crr c ,

    r r c , c r r- r.

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    6 Laws of Malaysia Act 643

    () wr ac r g r ccg

    rcr c r r rrr , c

    r rrc , crr r,

    c r rrcc r g c r .

    (4) a r ac rrg r rrg

    crr rc c , xc r r

    r ac, r rc c

    rc cc ac, rc

    c cg rc rr,

    r crr r r

    rc c.

    Dfiiio of subsidiay ad oldi omay

    3. () fr r ac, crr , jc

    r c (), r

    r crr

    (a) r crr

    () cr c r rcr r- crr;

    () cr r g r

    r- crr; r

    () r r c

    r- crr (xcg

    r r c crr rg rc

    c r

    r r r c); r

    (b) r- crr r

    crr c r crr

    r.

    () fr r c (), c crr r rcr cr

    r crr r crr, xrc

    r xrc c r ccrrc r r, c r r r jr

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    rcr, r r r rcrr r c

    (a) r c rcr xrc r r crr c r; r

    (b) r rcr crr g rcr r r cr rcrr.

    () i rg r crr r r crr

    (a) r r r xrc rcrr r r cr cc r r xrc ;

    (b) jc rgr (c) (d), r rr xrc

    () r r r crr(xc r r crr ccr r r cr cc); r

    () , r r, r r crr, g r c ccr r r crcc,

    r r xrc rcrr;

    (c) r r r xrc r

    r r r r- crr r r r crg c r rgr;

    (d) r r r xrc , r r, r crr r r ( g r xrc rgr (c)) r r xrc r crr rr r crr r r, c , c g

    r r r r xrc r cr r r

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    8 Laws of Malaysia Act 643

    rc r rr cr .

    (4) a rrc ac g c crr r rrc crr c - crr r.

    rlad omais

    4. wr crr

    (a) g c r crr;

    (b) r r crr; r(c) r g c r

    crr,

    r- crr r crr r r ac r c r.

    no-aliaio of comais A 1965

    5. exc r xr r ac, r C ac 965 lg c r rg lg c crrr rgr r ac.

    pmid ad oibid uoss ad aiviis of Laawiomay

    6. () sjc c (), lg c crr

    rc c-r c, crr r mxc r c ().

    () t rrr c () crr ,r r rg m, crr , r rrg lg.

    () n lg c crr r m xc r c-r cr rcrg c r g r c-rc.

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    9Langkawi International Yachting Companies

    (4) fr r c (), lg c r crrg r r m r

    (a) r r crrg m;

    (b) r r cc c r, cc, -r, r,r r r r r crrg m;

    (c) rr r rcr m;

    (d) , m, g rcr r

    r;

    (e) cqr r rr r r r r cc r cr r ;

    (f) r, g r r cr lg c; r

    (g) r m r lgc.

    (5) a lg c g r r r, r rrr gg r, g, rr r r rr r crcr cr c.

    (6) mgg r rrr c (5) , r r ac, cr rcr lg c.

    Part ii

    administRation of aCt

    risa of comais

    7. () t Rgrr r r r ac.

    () a cr, jg r cg jc jc c gr Rgrr.

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    () tr Rgrr c rcr.

    (4) nr Rgrr r r rz Rgrr r ac crr c r r r rr r g xrc r r rrc , crr r r r ac.

    pow o obai ifomaio

    8. () t Rgrr rqr lg c r

    rg lg c g r r r crqr lg c r rg lg c g rg c c cr r g rqr Rgrr r r ac.

    () a lg c r rg lg c r, r g r c r rcr, r rc c ,

    g c g ac.

    pow o odu isio

    9. () fr r crg r lgc r rg lg c cg ac, Rgrr r r rz cc c r g c c r xrc r , , rgr, rcr

    r c rqr r r ac c.

    () a lg c r rg lg c r cr c , g rqr Rgrrr r rz , rc c , , rgr, rcr r c.

    () a lg c r rg lg c r cr c

    (a) rc c , , rgr,rcr r c rqr Rgrr r r rz r c; r

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    Langkawi International Yachting Companies

    (b) rc r r Rgrr r r rz xrcg r r c,

    g c g ac.

    (4) t Rgrr r r rz , xcr r ac r cr crrcg, rcr , r g r cc r r, r c cqr r c c.

    (5) sc () cr g r cg

    r c c crr r r .

    pow o odu ivsiaio

    10. () wr Rgrr r c r c c g ac, cg x r r ac.

    () wr r mgr rr r c qr cr, r r c c r gr jc, rc, r, g, cc, rr c cg r r r r cc c c cg ac, rr rc Rgrr r c r g, rc cr, r rcr, z, c jc, rc,r, g, cc, r c.

    () wr r Rgrr r rc c r g r ccr jc, rc, r, g, cc, rr c cg r r r r cc c c cg ac, Rgrr r gr rg r g rc

    rr, c jc, rc, r, g, cc, rc rr r r r jc rc rr, rc c

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    Laws of Malaysia Act 643

    r g xrc r c () r r r rr r c.

    (4) t Rgrr rz r c cc, r r c z Rgrr rg cr g r ac c r c c cc, r c r ac.

    pow o xami sos

    11. () fr r g r c 0, Rgrr r c rqr r cq c crcc c r r x r, rc rg r x.

    () t r x r c () g r q rg c c

    Rgrr r, r r r r r q, r r q gr cr .

    () a r r c rc rg g r g rx r, c , r r r g r

    crrc :

    pr r r x r g r x r , Rgrr rr r c c r rrr, , r x.

    (4) a rcr r c c rcg r ac

    cr, r g r r rr.

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    Langkawi International Yachting Companies

    (5) a r

    (a) r xc r r Rgrr rqr r c ();

    (b) r xc r r q Rgrr rqr c(); r

    (c) g r Rgrr rr r g rrcr,

    g c g ac.

    Lodm o fili of doums wi risa

    12. () er c rqr r r g r Rgrr r ac g r rg g .

    () sjc c (), r c Rgrr r crc r c r xrc r c

    crc r c rg lg c rrg lg c r ac rg g .

    () a c rc Rgrr r rc lg c r rg lgc c r cr crc, c r xrc r c crcr c r r .

    eloi lodm o fili of doums

    13. () t Rgrr r rc r crcg r g c rqr ac g r Rgrr.

    () a r rc r rc () c crr rc g rcr cg c r c

    r Rgrr.

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    4 Laws of Malaysia Act 643

    () o crr rc r r c () crc g r c Rgrr.

    (4) a c crc g r r c rqr r gr g c cc r r Rgrr c r c Rgrr.

    (5) t Rgrr , r c, c c crc g r .

    (6) a c rqr cr r c, crc g r , cr

    r c c r c Rgrr.

    (7) wr c crc g r Rgrr, Rgrr r rz g r r g r r r rrr r r r r r rgrg c r r rc rrr c (), c rrr r g rr cr crg Rgrr r rz g r ccrrr r r c r r rc r q r r rc.

    evidiay valu of loial ly lodd o f i lddoums

    14. a c r xrc r c crcg r Rgrr r c cr Rgrr r c r xrc r c c rcg q rg c.

    Oiial ois o b a offi of maam iy

    15. () t rg c c c Rgrr crc g r Rgrr g , , c

    g .

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    () a g c c() g c g ac.

    p: t rgg. d .

    Aovd audios

    16. () sjc c c , Rgrr r r r rr r ac.

    () n r rr r lg c r r.

    () t Rgrr r r g rc ().

    (4) t Rgrr rgr r r.

    (5) a r r Rgrr c rcr.

    comay audios

    17. () a r g c , g c, r r lgc r ac rr r r c rr rqr ac rr r r

    (a) r r;

    (b) c r c c r c r c 4 xcg rr q r crrc;

    (c)

    () cr c;

    () rr, r r cr c;

    () rr, r cr c;

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    () cr c;

    () cr c; r

    () rr, r rr, crr cr c; r

    (d) r r, r rr, rr r r r, g rgr r r rgr r r c.

    () fr r c (), r cr lg c cr c r lg c r c 4 r , rcgr , cr r rr lg c r r c.

    () fr r c, r cr lg c r g r c.

    (4) n r r r lgc r r ,rr c , c rg c cr.

    (5) t mr rg rqrg rr r g r r lgc.

    Aovd liquidaos

    18. () sjc c c , Rgrr r r rqr.

    () t Rgrr r r g rc ().

    () t Rgrr rgr rqr.

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    (4) n r r c qr

    lg c

    (a) r qr;

    (b) c q r

    c c r c

    q r c 4

    xcg r r q

    r crrc; r

    (c) c rg c .

    (5) wr r qr qr

    lg c, r Cr r rg , Rgrr rg

    r c lg c

    cr, r r lg c r

    rr, r r cr lg

    c, r c c r

    lg c.

    riss

    19. () t Rgrr , jc ac, c rgr

    cr cr c r .

    () a cr, r, r r, rcr r qr

    lg c r rg lg c, r

    r r g r r c cr, r,r r, rcr r qr r c r

    Rgrr g r r g , ,jc ac rcr

    (a) c c g r Rgrr

    rc c; r

    (b) rqr crc r ac r

    c r xrc r c rc

    c g r g cr

    Rgrr.

    () a c r xrc r c g r

    c Rgrr, cr r c r xrc

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    8 Laws of Malaysia Act 643

    r Rgrr, , rcg, c q rgc.

    (4) i g rcg

    (a) crc r Rgrr , r rg r c crc, c rgr r ac c crc rc primafacie c r rg r, c , c rgr r ac;

    (b) crc r Rgrr rqr ac c crc

    () r c r r c crc; r

    () c c crc r ,

    rc prima facie c r c

    crc.

    (5) i Rgrr c r g Rgrr

    (a) c r crr ;

    (b) c r , r rcr, r g r r cx c c;

    (c) r r cr, c;

    (d) c rqr ac; r

    (e) c rrr, r r rr,

    Rgrr r rgr r rc c rq

    (f) c rr r c

    r-;

    (g) r c c; r

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    (h) r c c,

    r c rcr r

    g.

    (6) t Rgrr rqr r c

    r g Rgrr rc Rgrr c

    r c, r r Rgrr c r,

    Rgrr cr rr r

    r r rc r rgr c.

    (7) a r ggr r Rgrr

    rgr lg c r rg lg c r

    rgr r rc c, r c r c Rgrr, r c

    Rgrr mr, cr r,

    c r c r g c rc r

    rr r r r r, c

    c r c Rgrr

    (a) rc c r r

    r r xr r ac; r

    (b) c cr ac cc r r c cr ac

    cc c c, r r g.

    (8) i lg c r rg lg c r

    r, g cg

    (a) r ac r r c

    rqr gg r g r

    Rgrr rr, cc r r c r,

    gg c r; r

    (b) rq Rgrr r c

    r- c r r c,

    g r r rc

    c r r c rqrg ,

    Rgrr rr c cr c

    r c r g c

    c rr.

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    (9) t Rgrr , grcr r r r , r r g n arc

    (a) c lg c r rg lgc

    () rr r r c c g r r xr;

    () rr r c gr r r, r c crg r cg crg r

    c r r c crg r r c crg rgr r r;r

    () r c (r r rc c r r ccg ) c g, rrgr r r;

    (b) c lg c r rg lgc r c rgr r r, cg, r rgr; r

    (c) c rrc c crr rgr Rgrr.

    Part iii

    Constitution of Companies

    Division

    inCoRpoRation

    Fomaio of omais

    20. () sjc ac, r , crg r cg rqr

    rgr, r lg c r rc c-r c.

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    () i crr r crr, r cr crr r r r rz .

    () er lg c c r.

    risaio ad iooaio

    21. () a r rg crr lgc g Rgrr r rc c r c r

    c rqr g r r ac, Rgrr rcr , jc ac, rgr c rgrg r rc c.

    () t Rgrr rqr r cr cr g g r rqr ac c , Rgrr ccc cr c c cc.

    () o rgr r, Rgrr cr r c , r c crc, crr, c c r.

    (4) o r crr c crc crr, jc ac, crr r gr c r r r

    c r c crr c r, c xrcg c crrc, g g , g rcc c , r c r r cr c g r ac.

    (5) a crc crr c Rgrr prima facie c cc rqr ac rc crr.

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    Laws of Malaysia Act 643

    (6) a lg c c rcr rcr r.

    (7) er crr r gr c r lg c , crr c, r r rgr r rc r cr r r r, r r r gr r c r rgr r r c.

    Aliaio fo isaio of foi omay as bi

    oiud i Laawi

    22. () sjc c 6, rg c crrr cr r m, r jrc c cr, , rz cr r jrc, Rgrrr rgr c c lg crr r ac.

    () u c r c (), r cr Rgrr cr q cr, Rgrr , c c rr rr rr, r r crr rg c rqr cr r jrc, c rr cr cr r jrc, c rgr c, rgr c c g c , rgr, c rr

    lg c crr r ac c lg:

    pr rg c rgr r c

    (a) rc g r q;

    (b) rcr rr ; r

    (c) r c r rr rc r

    c r rg crr r r rrc.

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    () t rgr rg c r c r

    (a) cr g ;

    (b) rjc r c c c;

    (c) c rr c;

    (d) rr c g r r rcg ,r , r g c r r r; r

    (e) c rg, r, r, , c, r g c r rr.

    (4) u rgr rg c r c

    (a) c c , crr r ac, rqr ac c r c, r c

    c; (b) c c , r

    rgr (a), cr r c, rc c c,

    c r rc c g c r ccrg.

    pio aoval i iil

    23. () a rg c , rr g r rgrr c , rq c rgr r rc c rq rcr, Rgrr , c gr rgr r c , crc crg r c g rgr jc c r c g r x

    r crc.

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    () t crc r g Rgrr rc () r rg c r cg r c

    q c r rgr.

    rquims as o mmoadum

    24. () t r r lg c r r rgr g:

    (a) c;

    (b) jc c;

    (c) r c c r rgr r r x ;

    (d) r c crr r;

    (e) crr r crr r r

    r g r lg c rc r rc gr r r c c r rc .

    () mr lg c c r r r r r , jc r ac, , , r .

    Division

    status and name

    pow of omais

    25. sjc c 6, r lg c c, xr xc r rc c c x g c ac, r r sc, c xrc

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    lg r, c r r r rc c r gr gr r c rg.

    Ultra vires asaios

    26. () n c r rr c lg c (cg rg gr c cg c c cr r g c r rr r, r xrr , c) cc r rr rr, r r r r, r lg c

    r c c cc r r c r rr c r xc r cc r rr.

    () a c c cc r r r rr

    (a) rcg g lg c r c r, r c r cr g crg r r c rr, r r, r r r r r, rr g c r cc r rr rr r c;

    (b) rcg c r r c g r r rr cr c; r

    (c) mr c.

    () i rz c, cc r rr g rr rcg r rgr ()(a) g r rr r r crc c lg c r, Cr ,

    r crc r r rcg Cr j q, rr rrc crc c r

    r r crc, c rqr, cr r g r c

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    r r g rrg rrc crc, c r r r rrc crc r Cr

    r g .

    nam of Laawi omais

    27. () exc c mr, lgc rgr , Rgrr, r r , r c , Rgrr r g cc rrgr.

    () a lg c

    (a) r Crr r r icrr r r Cr. r ic.;

    (b) r l r r l.;

    (c) r pc l C r rp.l.C.;

    (d) r sc a r sc a

    r r s.a.;

    (e) r agc r ra.G.;

    (f) r nz vc r rn.v.;

    (g) r prr tr r r p.t.;r

    (h) rz crcr, r r r gg cr c c jc c r, r rr,

    r .

    () a lg c r (lGk) r .

    (4) ng c (), lg c r r br r r

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    b., r r br r r b. r lg c, lg c r (lGk)

    r .

    (5) n cr lg c q r crrc r rr r c r r r rrr c () vice versa.

    (6) a r g Rgrr c rcr r r rr c

    (a) lg c; r

    (b) c lg c r cg .

    (7) i Rgrr cr c bonafide r c lg c r lg c c rgr cr c (), rr r r r r r gg c.

    (8) drg r r c rr, r(r lg c r lg c rc c rr) rgr r ac r r ac, r rg r cg , r rr r r r , Rgrr, c r rr r .

    (9) t rr r c rc lg c r lg c c r c rgr , r rg r cg .

    ca of am

    28. () a lg c , c r, r cg c cc rgr cr c7().

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    () i Rgrr r c c r , , rcr , crc crr c

    r c crc crr cg c c.

    () i lg c (r rgrc r r r rg r cg ) c c c rgr cr c 7(), c , c r, cg c cc rgr cr c , Rgrr rc, cg x r rc r c gr r Rgrr, mr, r c, rc, c c rc g c g ac.

    p: f rgg.

    (4) a cg r ac c lg c r rg r g

    c r rr c rcg r g c; g rcg g c r cc r g c rr c r cc r g c .

    Ails of assoiaio

    29. () tr g r lgc rc c g crr r rcrg rg r c.

    () arc c

    (a) r;

    (b) r rgr;

    (c) g c crr r r,

    crr c, c r g .

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    Alaio of mmoadum o ails of assoiaio

    30. () sjc ac, lg c ,

    c r, r r r r rc c.

    () a r r r rrc c c r c r r g Rgrr rg c r jc r r c r.

    cois of mmoadum ad ails of assoiaio

    31. () a lg c , g rqr r, r c r rc c ( ) r c rcr r rcr r c rrg rg .

    () wr r r r rc c lg c, c rr rc c c r r

    (a) c ccrc r; r

    (b) r c r g r x c r r rc c rcr c r rc cr c .

    () i cg c,

    lg c r cr c g c g ac.

    p: f rgg.

    tasaios ad sablism of a ba

    32. () Crc lg c :

    (a) crc c, r r, rqr rg r ,

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    c rg r c c;

    (b) crc c, r r,

    rqr rg g r crg r, c rg g r cgr r, xr r ; r

    (c) crc c, r r, g r , rc rg, r c r cg r r,

    xr r ,

    crc c c ccr r r r r r crg r c rz .

    () a c r rcg rqrg c lg c g rz cr c r c .

    () a lg c , rg r c, r r, r gr r rc c r g r r, xc , g c g r r c r r r rr c, c; r g g r rgr rrxc , c ccrg.

    (4) a lg c , rz rc c, rc r r rc r m lg.

    (5) a lg c rc c r c lg cc c c c

    c c rc; rc .

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    (6) wr lg c rc , r g rc r qr g r crr r r

    , r r r rc rcr c c r r r rc r c rcr r c x; jc rc r rrc r rcr c, rc r c r r r c.

    (7) a rc r rc r lg c r rc.

    (8) ir r c r r rc lg c c c c x r; c c c rc x r r.

    poibiio aais ayi o busiss w Laawiomay as o mmbs

    33. () sjc c (), lgc r crr r r r x r, r cr,r, r g c rg crr r r x c r , r , j r, r c crc rg crr r r x , c cr, r, r g g c g ac c crr r r x.

    () sc () rc cr,r, r g lg c c r crr c r r x , cr, r, rg r rc Cr r r

    rc r qr rc c.

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    Part iv

    shaRes and ChaRGes

    Division

    shaRes

    ru of allom

    34. () wr lg c

    r, c rr

    g

    (a) r r cr

    r c r;

    (b) ;

    (c) ( ) , r ,

    c r;

    (d) r c c r r c, c r c c

    r g;

    (e) r c

    r c r .

    () t rr r c ()

    rgr c lg c.

    () t Rgrr , crcc cr

    r c, rqr lg c g

    Rgrr rr rc r.

    (4) i cg c, r

    cr lg c g

    c g ac.

    p: f rgg. d .

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    calls

    35. a lg c

    (a) rrg, r, r rg

    c

    rr;

    (b) cc r r r r

    rg r g

    r c ;

    (c) rr

    c r r rgr

    r r.

    rsv liabiliy

    36. a lg c , c r, r

    r c r c c

    g c xc c g

    , c r rjc rg cqr

    r r g r.

    Sa mium aou

    37. () wr lg c r r,

    r r c r r, q ggrg

    r r r rrr

    cc c r r cc,

    r ac rg rc r c

    lg c , xc r c, r r cc r r c

    c.

    () wr r cqr r

    lg c cr rcr,

    cqr , r

    r c r, rc r

    r cqr

    rrr r r cc.

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    () t r r cc , g gc c (), lgc

    (a) g r r c r;

    (b) rg

    () rr x c; r

    () x , r c r c , r , r r, c; r

    (c) rg r r r r r r rrc r.

    (4) wr r r r cr r cr c (), r

    (a) rg cg cr rr; r

    (b) cg cr rrr c; cr rrr c

    () c g, r rrr r c r r r ;

    () c g r, c c rc rg

    ccrrc r r;

    () r c, r r rrg gr c rg .

    pow o issu sas ad voi is

    38. () a lg c r r r r, c r r c, c g, rrc,

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    r rg r r r rc c, rc g rc r xr crrc r

    m crrc.

    () t rc c r g rg, r r c g rg r, r cr r c x c r ac r rg.

    Dali by a Laawi omay i is ow sas, etc.

    39. () a lg c r c c,r rc r rc, r r r cc rc r r r r r g c

    (a) r rc r cr c, rcr cr g, rg, c r r r gr r g

    () c , r r gg cc , ; r

    () rz c ,xcg c c r r g r cr cr gr,, r gg c c r, ggrg c c; r

    (b) (r rcr ) c r rr g c.

    () a lg c rc, , rc rr cqr, , , g, rr r r r, r r r r g c, rc r, r rc

    r rc, x rr rrc r r rr; rc

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    c r, r r r r-r r r, x rr rrc c r

    rr.

    () ng c (), r r r r gr r g c , r r , r rz c , r , ggrg c, lg c rc r r cqr r r r

    (a) g rc r;

    (b) g g rr rr r r r ac r rg; r

    (c) cg, jc ac, rr r r r r rc rc xcg r rc.

    callaio of aquid sas by a Laawi omay

    40. a lg c , r rcr, cc r r r c c rcqr , r r r rr rc, c cc g Rgrr r r cc.

    Issu of sas a a disou

    41. () sjc c, lg c c r c c r .

    () n r c rrr r Rgrr.

    () a c r c

    g , cc r r gr c

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    r r g r cg x r c c rr .

    (4) t g c c , rc c c, c c r r r r jc c rc g r- r c.

    (5) o xr x r c c rrr c (), g g c, gr jc rc , Rgrr.

    (6) wr c c , Rgrr , g rgr crcc c jc, rr , r c r c .

    Alaio of sa aial

    42. () a lg c , c r, r c r rc c r r g :

    (a) crg r c cr r c x;

    (b) cg g r r c r rgr xg r;

    (c) g r r r r x r rc c, r rr () c rc r c r r c rcr r;

    (d) crg r - r c rcrg c - r ;

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    (e) ccg r c, g r , rgr r, g

    r c r cc;

    (f) rg crrc r cr r crrc r r r crrc, rr r c crr, .

    () a r crrc r rrgr ()(f) c cc

    xg r r r.

    () a cc r r rgr ()(e) rc r c g ac.

    (4) wr, r c (), lg c cr r c c r r x , , r g r rzg cr,

    c g Rgrr c rcrr cr.

    (5) i lg c c r c (4), c r cr c g c g ac.

    p: f rgg. d .

    Validaio of sas imoly issud

    43. wr lg c rr r r, r r r r ac r r rrc c c r r, r r r r c r rz c r, Cr , c gg c r r r rgg r r crr c, g crcc j q , rr g r

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    r, r crg r r r, r, jc c c, , , c rr g c rr g g

    c r c r, rgg r crr Rgrr, r r r r r r c, , Cr.

    Sial soluio fo duio of sa aial

    44. () sjc cr Cr, lg c, rz rc c, cr rc r c rcr, g gr rgg,

    (a) xg r rc r rc r c ;

    (b) cc - c c r rr ; r

    (c) - r c c xc c, r c r

    r c ,

    , r cr, r r rcg r c r ccrg.

    () wr r rc r c rc r c r rr - r c, r c Cr rc

    (a) r crr lg c , x Cr, r c c, r cc g c, r g c, jc rc;

    (b) Cr, r cr rcr r r c crr, crr jc, r

    r cr, r rqrg c r crr, crr r r

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    r c, c xg r r c crr r c r;

    (c) r crr r r c crg r r c rc, Cr c crr lg ccrg r c rrg, Cr rc

    () c r c r, g g , g

    r r , rc; r

    () c , g r r , r c, r cg r cr, x Cr r qr jc cr g Cr.

    () ng r c (), Cr, g rgr crcc c, rc r r c rgr c crr.

    (4) t Cr, rc r crr r c () jc, r c rc , r r c crg r r r cr,

    rr crg rc c r c , rqr lg c Cr rc r r rc r c rr Cr x, , Cr , c c rc.

    (5) a rr r c (4) r c lg c r rr, r r c

    c r , , rr, c r.

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    (6) o gg c c rr Rgrr, r r rcg r c cr rr g c.

    (7) t crc Rgrr cc c rqr ac rc rc r c c r c lg c rr.

    (8) o gg c rr, rcr rr r c (5) r crrg rcr r, c rr Cr

    lg c ( c , r c r c rr Cr) r r r r ac.

    (9) a r, r r, rc r c r cr xcg rc r x rr , r rc c r, c , r crr jc rc , r grc rcg r rc, r r r c c, r crr, r rc lg c , g r ac rc g Cr, r c

    (a) r r r lgc gg c rr Cr r rc cr r r c xcg c cr c cc r ;

    (b) lg c , Cr, c c crr r grc rcg r rc r rr c c, r cr, rcc rr crr ,

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    r rr crr g,

    g c c rg crr g .

    (0) a cr lg c

    (a) cc crr jc rc;

    (b) rr r r r c crr; r

    (c) , r r c cc rrr,

    g c g ac.

    p: t rgg.

    ris of olds of f sas o b s ou i ails

    of assoiaio

    45. () n lg c rrc r, rcr r rrc r, r rc c rg r c r rc r c, rc r r, c r -c ,g rr c r r r r r c rrc r.

    () t lg c rrc rrg pari passu xg rrc r c r rg c xg rrc r r- r rz r xgrrc r r rc c rc xg rrc r r .

    () i cg c,

    lg c r cr c g c g ac.

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    rdmabl f sas

    46. () sjc c, lg c g

    r c , rz rc c, rrc r c r, r c

    r , r r

    c c r c r r r

    rc c.

    () t r rcg

    rz r c c.

    () t r r

    (a) xc r c r

    r , r rc r

    r r r r;

    (b) r .

    (4) t r, , r

    r r r r r r cc r

    r r r.

    (5) wr c r r r r

    rc r , r , r c

    r r , rrr

    rr c c r rr q

    r r, r

    ac rg rc r c

    lg c , xc r c,

    c r rr r - r c c.

    (6) wr, rc c, lg c

    r, r r, rrc r,

    r r

    r r r r r

    , ccrg r c c

    , r r r ac,

    cr c , r r r r r r, r , r r r ac,

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    54 Laws of Malaysia Act 643

    rc c r r r r.

    (7) t c r rr g r c r c r.

    (8) i lg c r r rrcr, , r g, g cr Rgrr cg r r.

    rsiio o ivii ivsms fom ubli

    47. () a lg c r r c cr r r rc r r r c xc r r r r r r r c r r r rg r j c-rrcr r c r c.

    () t r d 5 pr iv C ac 965 r r r lg c c crr r rc r r r r r c rcr c, jc c c mr rr c r ac, rcr rrc c rrc lg c.

    () fr r c

    rcr c crr c r r r rg r j c-rrcr r c r c rr r r r q cr c xcg;

    r rg rc r r, r

    rc r r c, rc r cg -rg c r crc, r r

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    55Langkawi International Yachting Companies

    rg r r c r c

    r r rg r r r c ,

    c

    (a) r r r crr; r

    (b) r rr gr

    gr

    () r rg, c, rr r

    crc r , r ,

    r rr r c

    r r rg, c,

    rr r crc, r r r r gr; r

    () gr, r c gr,

    rcr rg r r

    rgr;

    crc crc, c r rrg

    c c rrc r r

    r rg r j c-r rcr

    r c r c r cr r r r r

    rcrrg ;

    c c , , r,

    r, , , r xc;

    -rg c c, rg r

    rr

    (a) c rc r, r c, ,

    cc r , r r r r rg

    r r c c, rg r rr,

    r m r r r, c

    c c, rg r rr r;

    (b) r r r rr.

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    56 Laws of Malaysia Act 643

    Division

    title and tRansfeRs

    nau of sas

    48. t r r r r r lgc rr, rr rr rc c, r rr.

    numbi of sas

    49. () ec r lg c g rr r.

    () ng c ()

    (a) r lg c,r r r rcr c, r r pari passu r r, r rr ggr g r r

    pari passu r r r c r g ; r

    (b) r lg c rc crc ccrc c 50 c crc g rrr r rcr rgr r, r ggr.

    cifia o b vid of il

    50. () a crc, r lg cr rc c, cg r r prima facie c r.

    () er r crc r lgc r rc c

    (a) c r r c c c;

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    57Langkawi International Yachting Companies

    (b) r rgr c c lg r, r crc rc c, r rc;

    (c) x c r r ;

    (d) c r.

    () fr c c c rg r r.

    (4) i cg c, lg c r cr c g c g ac.

    Laawi omay may av sa sal

    51. a lg c , rz rc c, c c c r sr s, r crcr c c

    c r r ac.

    Isums of asf ad asf by soalsaiv

    52. () a lg c rgr rr r r r rr r rr r c, c rjc r rgr rr r r r

    r rg r , r r , c r r .

    () a rr r, r r r r c r r rr ,g r rr r c, c r xc r rr.

    () t rc lg c c

    c c c r , rr r , c r g

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    gr r cc c,

    g g rc c, c

    c gr.

    (4) i c, r rr c r

    c r r r, r r r r

    r rr.

    Duis of Laawi omay wi s o issu of

    ifia

    53. () er lg c ,

    r r r r, r c rr (r c

    rr c , r r, r

    rgr rgr) r r r

    g c, c r r r

    rr crc r cc

    r rr, c

    r r r r r.

    () i cg c,

    lg c r cr c

    g c g ac.

    p: f rgg. d .

    () i lg c c c r

    rqrg g cg

    r c g

    - r rc c, Cr ,

    c r crc

    r r r r r , rc c

    r cr c g

    c c rc, rc

    r c x c

    c r c cr

    c c rr Cr .

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    59Langkawi International Yachting Companies

    Division

    ReGisteR of ChaRGes

    no-aliaio of Divisio

    54. ng d crg cr lg c r rg lg c rr m.

    ris of as

    55. () er lg c r rg lg c

    rgr c rgr crg r crg cc cg rr c r cr c crg,gg c c r cr rr crg, cr crg, crg rr c crg, rcr rg c r r r c crg.

    () i rr lg c r rg lg

    c crg c r rqr c() g , r cr c g rz r r c r g c g ac.

    p: t rgg.

    () er lg c r rg lg c c c r r crg crg rgr c.

    (4) t rgr crg c r rc c c crr r rcr r r c r crg.

    (5) i cg c () r (4), lg c r rg lg c rcr c g c g ac.

    p: f rgg. d .

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    Partv

    manaGement and administRation

    Division

    offiCe and name

    risd offi of Laawi omay

    56. () er lg c rgr c lg, c c rcc g .

    () i cg c, c r cr c g c g ac.

    p: f rgg. d .

    nam o b dislayd a all offis ad o aa o sals,ls, etc.

    57. () er lg c r rg lg c r x, r x, cc , rz r g, rr crc r r r, r cr c c crr .

    p: f rgg. d .

    () t lg c r rg lg

    c (r r crrg r ) r g rz r

    (a) ;

    (b) r, cc, c, cc, c, xcg, rr ,r, cq, rr, rc r cr , r rrg r g r , c,

    cg c, c g c g ac.

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    () t lg c r rg lgc (r r crrg r ) g rz r c

    r lg c r rg lg c r r rc c c r c rcr, cg c, c g c g ac.

    (4) wr lg c r rg lg c cg , rr c r r c, r, cc, c, c c, c,

    xcg, rr , r, cq, rr,rc r cr , r rrg rg r , c r r r cg.

    (5) i cr lg c r rg lgc r r

    (a) r rz rrg c r

    r;

    (b) r rz r, cc, c, c c r c c r r rr (c) ;

    (c) g, r rz g r , c, xcg, rr ,cq r r g r r, r,

    rr, rc r r cr, r rrr ( c) ; r

    (d) g r rz g c, r rc c r cr c rcr Rgrr,r c r lg c r rg lg c r ,

    g c g ac , r g, r rz g r c xcg, rr

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    r r g r r r r rrr r r rr ( c) , r r

    r r rr r r, c.

    p: f rgg. d .

    Division

    diReCtoRs and offiCeRs

    Dios

    58. () er lg c rcr.

    () t r rcr lg c rc c c.

    () a c cc rcr , r rc

    c lg c r r, r cg rcr rrcr r, r cg rcr, Rgrr c r c.

    (4) sjc crr r rc c lg c, rcr r cr lgc crr c crr c r rg rg,

    r c rcr r c.

    (5) a rcr lg c c r, r r r, r r c xc ccrc rcr c r c , rcr c rr c cr m, r r m, r g c gg r g r rc c r r r rcr r c r r.

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    (6) a rcr lg c , cr c (4), c r, r r r, r r c g

    c g ac.

    (7) ng r r ac r rg crr, r r rc c lg c, rcr lg c rr r ac r g c r r r, r rg, r r cc, r gc.

    cos o a as dio

    59. a r r rcr rr rcr rc c lgc , r rgr rc c, , r g rz rg r r, g c g Rgrr c rg c rcr.

    Validiy of as of dios

    60. t c rcr lg c g c cr r qc.

    risas ow o sai sos fom maai Laawiomais

    61. () t Rgrr rc r , lg r r

    (a) cc c cc r, r r g crr;

    (b) cc c g r r ;r

    (c) crg r r ,

    q r cg rcr r rr , r g rc r rc ccr r g r g , lg c.

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    () ar rc Rgrr rc (), lg c rr r r r q rcr, r

    q c cr rc Cr g c g ac.

    p: t rgg.

    Dislosu of is i oas, oy, offi, etc.

    62. () sjc c, r rcr lgc , r rc r rc,r crc r r crc c, rcc r r c c g, cr r r g rcr c r c crc rg r rcr rcr r.

    () sc () c r r rcr lg c c g r r crr r lg c c

    r crc r r crc r- c, r rr rgr g r r.

    () sjc crr r rc c lg c, rcr c ,r r c, r r r crc r rcrc, r crc r r crc

    (a) r ;

    (b) r ; r

    (c) ,

    c c, r r c 4, r c, rcr c.

    (4) fr r c (), gr c g rcr lg c rcr c cr r r c lg

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    c r r c r rgr r crc c , r c, c r r

    c cr r r crc , c c c r g g rcr r rcr r r rg r x g rcr r g.

    (5) er rcr lg c c r rr r, r rc rrc, r r g cr cc r r rcr, cr g rcr c r c crc rg r rcr c r, crcr x cc.

    (6) t cr rqr rcr r c(5) r g rcr

    (a) r c rcr; r

    (b) ( r rcr) r cc c r rr,

    c r crc rg r g.

    (7) er cr r c rcr g c .

    (8) t c rg

    r r r r rc c lg c rrcg rcr c r g r crc cr r g c r g rr g r r cc r r rcr.

    Duy ad liabiliy of offis

    63. () er cr lg c c r gc crg c.

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    () a cr lg c rr r cqr r c g,r rc r rc, g r r

    r r r c r c.

    () a cr lg c cr c

    (a) c r r r g r c r c rc;

    (b) g c g ac.

    (4) t c rg r r r r rg r rcr r cr c.

    Say

    64. () er lg c r rcrr, g

    r crr lgc.

    () sjc crr r r rc c lg c, crr lg c crr c crr c r rg rg r c crr r c.

    () er crr lg c rcr c.

    (4) sjc c (5), r crr lg c r r cc c rqr ac r gg c Rgrr, c c rcr rgr c c

    g cc r c rgr c.

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    (5) ng r r ac crr, r crr cr c r r ac

    r g r crrg c, r r gc r r r r rg r r cc, r gc.

    (6) a lg c c,crg x crr r crr rc g r ac c.

    ris of dios ad offis

    65. () er lg c rgrc lg rgr rcr cr.

    () t rgr c rc c rcr, c , r rr, r r c ( ) r, c crr, crr

    r rgr c rz rr lg, .

    () t rgr c rc c cr, c , r rr, r r c ( ) ,r c, g c cr r rgr c r, c crr, crr r rgr c.

    (4) t rgr lg c r c rcr, r r r c crg.

    (5) a lg c g Rgrr

    (a) r crr, rr rcr r cg, r rcr crr, rcr rqr c rgr;

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    (b) r r rr c rcr r crr c, rr rcr r g Rgrr

    cg cg rc c rcrr crr c rcr rqr c rgr c;

    (c) r r c rcr rcrr c, rr rcr rg Rgrr c cg rcr rqr c rgr ;

    (d) cg rcr rcr rcr crr, c rcrr g Rgrr cg.

    (6) i lg c cg r c, c r cr c g cg ac.

    p: f rgg. d .

    (7) i c, c , c r cr, r cr, c r cr, rcr r r c r r c c .

    Off aais ay ovisio of is A ommid by

    dios ad sais

    66. wr c g r ac c g cg rcrr r crr lg c, r c c rcr r cr g r rrg c c cc, r r r x rr g r c g

    , r g c g, g c.

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    69Langkawi International Yachting Companies

    Division

    meetinGs and pRoCeedinGs

    Mis of mmbs

    67. () sjc r r rc c, rcr lg c cg r c c r c c r lg rcrcr cr r r.

    () t rcr lg c, g

    g rc c, , rq r r r, r r g rq - - c c, rc c g r.

    () sjc r r rc c, r r g r

    (a) rc r r crc ;

    (b) r rcg g r rc r rcgz c r c, r r rc c prima facie r rcg.

    (4) a r rr g r rx .

    (5) t g r rc j r r:

    (a) r r r r j, c r r r rx g r r;

    (b) r r r rx, ;

    (c) r r r r r r rx, .

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    noi of mis of mmbs

    68. () sjc rqr r r

    rc c g gr c, rcr g c g r r c g r r rgr r rrr c 76 r g.

    () ng c (), jc r r rc c, g r cr rqr g c r g r c jr, r c r

    jr c r r rc c,

    (a) r r r r cr g;r

    (b) c c r r r r rr r c r r gr jr rg ,

    c g; r r, rc r g c r r.

    () t r r rcr g c g r, r c r rc c, g.

    Quoum, aima, voi,etc.

    , a mis

    69. () exc r r rc c lg c, r lg c r r, r r r r r g r, r r qr, g

    (a) r c r cr g;

    (b) r r rc cr .

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    () o g, r r , , r c .

    () a crr , r rcr r rgrg

    (a) r lg c, rz cr c rr r rcr g r r g r c r c r;r

    (b) crr, cg r r,

    lg c, rz c r c rr r rcr g r r g crr c,

    r rz , ccrc r r r crr, xrc, crr, r crr c xrc r r,crr r r r c.

    (4) wr

    (a) r r g r rz c rr crr g r r g crr rc ();

    (b) r r r g,

    crr , r r c (), r r g.

    (5) a crc r crr prima facie c r rc ( c ) rr r c ().

    (6) wr

    (a) g c c r r; r

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    (b) lg c r,

    g rr g c

    rz r c () r g r g c, r r g, r rr rc r, rqr ac r r rrc c r , rr,r r gr g r xrrrgr g r r lg c , rr, r , c, r, g rr , r r, , rr, r r gr g,r c rqr, r xrrr gr g

    r.

    Voi by mmbs

    70. () exc r r r rrc c lg c, r c c r .

    () t rcr lg c x

    c g g rcr r rg r r g.

    Aio by os of mmbs i wii

    71. sjc r r rc c lg c, c r g r r r c rg, r x,

    gr, x, c r r r crc cc, r c.

    pow of cou o od mis o b alld

    72. () i r r rcc c g r c g c r cc g r rcr rc cr ac, Cr , r r

    c rcr r r g r r rr c r, rr g c,

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    7Langkawi International Yachting Companies

    cc c r Cr , Cr g c cr r cq rc x.

    () a g c, cc ccrc rc r c , r r, g c, cc.

    Sial soluio

    73. () a r c r jr r-r cr g r r, r rx r, rx, g r c - c cg r r c r g.

    () ng c (), gr jr r r g rg g, g jr c gr ggrg - r c r , r r

    c r g c - c g.

    Lodm of ois of ai soluios ad ams

    74. () a r c r r r gr c c , r r g r g r, g lg c Rgrr.

    () a c r c r r gr r g rc r x r c r, rc c r rc, c , r r, r g r r g gr.

    () wr rc c lg c rgr, r c r c rr gr rr r rq

    c ( ) xcg rcr, c rc.

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    74 Laws of Malaysia Act 643

    (4) t c

    (a) c r;

    (b) r c gr r lg c, g r c, gr , c r r r c r;

    (c) r r gr c gr r c rr,g r c, gr , c r r r

    rcr jrr r rcr r;

    (d) r r gr c c r c rr r gr r c r .

    (5) i lg c c c (), c r cr c

    g c g ac.

    p: f rgg. d .

    (6) i lg c c c ()r (), c r cr c g c g ac.

    p: f rgg r c c rc c .

    (7) fr r c (5) (6), qr lg c cr c.

    Mius of odis

    75. () er lg c c

    rcg g r g rcr r r r.

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    () u Rgrr r rc,

    lg c rgr c

    c c r

    r r c crg r.

    Division 4

    ReGisteR of membeRs

    ris of mmbs

    76. () er lg c rgr

    r r rgr

    (a) , r, r r

    r rcr, rcr

    rc c, r,

    r c r, gg c

    r r ( ) r r ( )

    crc cg r g

    r gr cr r c r;

    (b) c c r r

    rgr r;

    (c) c r c r

    rg r r c r;

    (d) r r r r r cr c .

    () t rgr r prima facie c

    r r rgr rqr r rz

    ac.

    () i cg c

    lg c, c r cr c

    g c g ac.

    p: f rgg. d .

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    76 Laws of Malaysia Act 643

    pla o is

    77. () u Rgrr r rc, rgr r lg c rgrc c r c crg r .

    () ng c (), r lg c, r rgr r cr rgr c c, g Rgrr c c r rgr , r cg c c rgr , g Rgrr c cg.

    cosqus of dfaul by a

    78. wr rgr r c r rgr c lg c r r crg c c c c c 77 r r rqr ac rc rgr, r r cr c .

    pow of cou o ify is

    79. () i, r lg c

    (a) r , c c,r r r rgr; r

    (b) r cr c rg rgr c r g

    c r,

    r ggr r r c Cr r rcc rgr, Cr r c r rc rcc rgr c g r c.

    () o c r c (), Cr c

    (a) q rg rg r r r c r

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    r r rgr, r q r

    r r g r

    lg c r ;

    (b) gr, q cr r x

    c r rcc rgr.

    () t Cr g rr r rcc

    rgr rr rc c rcc

    g Rgrr.

    (4) n c r rcc rgr rc

    r rgr r r r

    r c r

    Cr.

    Division 5

    RetuRns of Company

    rus of Laawi omay

    80. () t Rgrr , crcc cr

    r c, rqr lg c g

    Rgrr rr rc c r rcr

    cr r.

    () t rr c rcr rcr

    ccrc r rcr r r r

    r r crcc r, g rcr r crr c.

    () i lg c c c,

    c r cr c

    g c g ac.

    p: t rgg. d .

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    78 Laws of Malaysia Act 643

    Partvi

    aCCounts and audit

    Division 1

    aCCounts

    Aous o b

    81. () a lg c c rrccg r rcr c x rc c c.

    () er lg c rcr c c rr r ccg r rcr c x c rc c r.

    () t ccg r rcr lg c rgr c c r cr c lg rcr , c rcr lgc c r c rr .

    (4) ng c (), ccg rrcr r lg lg c c c lg, r c lg c rr rc ccg r rcr

    rr r r r cc c c rqr c r.

    (5) i ccg r rcr r c lg r c (4), c , rqr Rgrr rc ccg rrcr c lg, c rqr.

    (6) t Rgrr , rcr c, rc ccg r rcr lg c

    c r r cg r rcr lg c, rg rg

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    79Langkawi International Yachting Companies

    g Rgrr r cqr r

    rg c c xc

    rcr.

    (7) a rcr lg c

    r cr cc c

    rqr c c 8 84

    g c g ac.

    Aous o b laid bfo mi

    82. () sjc c 85, rcr lg c

    c r c g r

    cc r cc, c ,

    c r r c

    cc r cc r .

    () ng c (), lg c

    rqr r c g r

    cc r cc, c ,

    c r r c

    cc g r rc

    c c r.

    () i cg c,

    lg c r cr c

    g c g ac.

    p: t rgg. d .

    Aous o b s o mmbs

    83. a c r cc r cc,

    c , c r lg c

    g r cc c r

    rr r ( c) ,

    r g, r

    c.

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    80 Laws of Malaysia Act 643

    Division 2

    audit

    Audio o b aoid

    84. () sjc c 85, rcr lgc , crr, r r r r r r c.

    () a lg c , r r,g Rgrr, r r, c r rcr

    r cc r r c.

    Audio o quid i ai iumsas

    85. a lg c rqr r g

    (a) c r rcr, cr, g r r c

    r r r c c r r c cr r r c; r

    (b) r c r g r c c rc c c r.

    rmoval ad siaio of audios

    86. () a lg c , g r c c c g r Rgrr, r, r r r c, g c r r r g r rr r r c r r.

    () a r lg c , r, rg r lgc rg g r.

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    () i r g r c rcr lg c r rg, rcr , rcc, c g r cr r g r c r r rg, r r rg c.

    (4) a lg c , r cg r c, g Rgrr c r rcr r c c cc r r c.

    rmuaio of audio

    87. t x r lg c, rqr r x r r c, x rcr.

    Audio may ad mis

    88. a r lg c r g r c.

    ris ad duis of audios

    89. () er r lg c rr r r, , cc cr rr r g r r c r.

    () er r lg c r c r rc

    c c r r c c r.

    Partvii

    aRRanGement and ReConstRuCtion

    Aam

    90. () i c, rrg (a) rrg r rcrc lg c

    crr r ac;

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    8 Laws of Malaysia Act 643

    (b) rgr r c r r lgc r r r lg c, rg c r c c

    lg c;(c) r r r crr

    lg c; r

    (d) c g c rgr(a) (c).

    () t rcr lg c , r rcr, r rrg c r rrg.

    () u r rrg rcr, lg c c Crr r r rrg.

    (4) t Cr , c g rc (), r r rr, g rr Cr

    (a) r c, , r rrg

    g r;

    (b) r r r r rrg r r g r;

    (c) r r r r r g c r r rrg rc r r g;

    (d) cc rg r r r r;

    (e) r r rjc rrg r rr c rc.

    (5) wr Cr rr rg rrg, rcr lg c, r r xcg , cr

    rrg r Cr, r r Cr rc rrg.

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    (6) t rcr lg c, crg

    rrg,

    (a) g c r Cr rqr

    c g;

    (b) rrg r r

    r rqr rr Cr.

    (7) ar rrg r

    r r r rqr rr Cr,

    rc rrg xc lgc c

    (a) rrg;

    (b) rr Cr rg rrg;

    (c) r c rrg r,

    r rqr rr Cr.

    (8) t rc rrg g Rgrr

    r rgr rgr.

    (9) u rgr rc rrg, Rgrr

    crc r crg

    rc rrg rgr.

    (0) a crc rrg Rgrr r

    c (9) prima facie c cc

    rqr ac rc rrg.

    () a rrg c r rc rrg r rgr Rgrr r c

    q r, c r r

    r rc rrg r rgr

    Rgrr, rc rrg.

    rulaios i s of aovs ad ms

    91. t mr rg r r cr r rgr rc.

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    84 Laws of Malaysia Act 643

    Partviii

    foReiGn lanGkawi Companies

    Aliaio ad iaio

    92. () t pr rg c c r crrg lg rgr r C ac 965.

    () i pr, xr crrg lg crrg rc c-r c

    , r r rg lg.

    () ng c (), rg lg c rgr crrg lg r c lg

    (a) r c r c r r r r rr rcg r cr ; r

    (b) cc c rc r c r r- , g r r rc r r c.

    risaio of foi Laawi omais

    93. () a rg c c rcrr lg rgr rg

    lg c r pr, rg c cc r cr c r rgc c cr c g c g ac.

    () er rg c , rr g c r crrg lg, g Rgrr r rgr

    (a) cr c crc crr r

    rgr c crr r rg, r c r c;

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    (b) cr c crr, r r rc c r r r cgr g c;

    (c) rcr cr cg rrcr rc rcr r rqr c rgr rcr cr lg c r c 65;

    (d) r rrr rgr (c) c rcrr lg r r cr rcr, r xc r rg lg c g

    r c rcr;

    (e) r r r r r rg lg c r xc c r g c , r c, r rcrr, g r g rz cc rc rc c rqr r c;

    (f) r cr rcr r cr g ,

    Rgrr , rcr , jc ac c c , rgr c r pr rg lg c rgr c.

    () t Rgrr crc rcr r

    rc r rgr rg lg c, crc cc c rqr rgr c .

    (4) wr r r r rg Rgrr rc rgr ()(e) xc r rg lg c, c r c c r rz xc r r r r,

    r r cr rcr r, g Rgrr c r r rgr rg.

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    86 Laws of Malaysia Act 643

    (5) a rg lg c c rcr r r r Jr c cr r.

    poibiio ad siio o foi Laawi omais

    94. a rg lg c crr lg lg c r crr.

    risd offi of foi Laawi omais

    95. er rg lg c rgr c lg, c c rcc g .

    ru o b lodd w doums, etc., ald

    96. () wr cg r r

    (a) crr, , r r rc c

    rg lg c, r r rrg c, g Rgrr;

    (b) rcr rg lg c r r r rcr;

    (c) r rgr c rg lgc c crr r rg;

    (d) rg lg c;

    (e) r rcr r lg r r c r rcr rglg c; r

    (f) g r r r g rrr rgr 9()(e),

    rg lg c , r cg r r, g Rgrr rcr

    cg r r c c rg rqr.

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    87Langkawi International Yachting Companies

    () u rc r rcr cg rr, Rgrr , jc ac, rgr cg r r.

    () o gg Rgrr rcr cgr r rg lg c rrr rgr ()(d), Rgrr crc rcr r r , crc prima facie c Cr cg rr c.

    (4) i rg lg c cr r cr rz r c, , r r c

    cg, g Rgrr c r c c cg.

    (5) i rg lg c g r ccr r r rgr r, , r r cr r r c, g Rgrr c cr.

    Svi o foi Laawi omais

    97. a rc r c rqr r rglg c c r r rg lg c r rgr c lg,

    (a) rgr c c x; r

    (b) r r r rc rc r c c

    c, c r c g ,r g , c c lg, r, c c , c r c rgr c c cr crr.

    cssaio of busiss i Laawi

    98. i rg lg c c c r crr lg, ,

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    r c, g Rgrr c c, r c c g, g g c ( g c

    g g r ) Rgrr c, Rgrr r rg lg c r rgr.

    Liquidaio o dissoluio of a foi Laawi omay ila of iooaio o oii

    99. () i rg lg c g q r c crr r rg

    (a) g , r cc q r r c rr Rgrr c crcc , g r c g Rgrrc c , qr , c c ;

    (b) Rgrr , r rc c, qr , g r lg c, rg lg c

    c x lg;

    (c) Cr rr .

    () t qr Rgrr g rg lg c r rcr lg , g, r qr lg c.

    () br g r rrrg rg qr rg lg c c r r rcrr g lg, qr Rgrr

    (a) Rgrr , c, crg g;

    (b) x r ictx ac 967 [ Act 53];

    (c) r r lg , qr lg,

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    89Langkawi International Yachting Companies

    crr bona fide rg lgc rc rc r r rg lg c , c ,

    c , c, , crg, x, crg rg lg c rgr c qr Rgrr rr r crg c r.

    (4) t r pr X C ac 965 rg rg- r rgr cc mutatis mutandis rg lg

    c.

    nam of foi Laawi omais

    100. () exc c mr, rglg c rgr Rgrr r r , r c , Rgrr r g cc r rgr.

    () i rg lg c rgr, r rrrr r, c rgr, Rgrr , r gg r c rg lg c rqrg cg ,r c r rgr c cg rqr.

    () n rg lg c , lg rr, rc c r lg, r r c rgr r pr, r rg lg c r cr c g rz r r g c g ac.

    rus of foi Laawi omay

    101. () a rg lg c rr rc c r r cr r.

    () t rr c rcr rcr ccrc r rcr r r r r r crcc r.

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    90 Laws of Malaysia Act 643

    () t Rgrr , crcc cr r c, rqr rg lg c g Rgrr rr rc c r rcr

    cr r.

    Part iX

    manaGement entity

    Auoizaio of maam iy

    102. sjc c r c , mr rz crr

    g r r cg lg c r rg lg c rc r ac.

    rvoaio of auoizaio

    103. t mr r rz g rc 0 g

    (a) cr r r, c,rrc r c rz;r

    (b) cc c r ac r cr c m r r cr rjrc.

    Part X

    misCellaneous

    rivsi ad widi u

    104. () t r pr viii X Cac 965 ( r r c r) rcr g lgc, jc c c mr rr, rcr rrc c

    rrc lg c.

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    9Langkawi International Yachting Companies

    () t C (wg-u) R 97 [P.U. (A) 289/1972] g lg c, jc c c mr rr,

    rcr rrc c rrc lg c.

    () i c, c c ,, r, r, , , r xc.

    Svi of doums o Laawi omais

    105. a c r lg c g , r g , rgr c c, r rgr c c c x, c r g r g c c lg.

    tasf fom Laawi

    106. () a lg c , g r Rgrr r c r , rr cr rcr r jrc c cr, c c rr rz, r r rrrg c crr r r cr r jrc, r rr, c , jc r c, c c r cr r jrc c cr r jrc.

    () a lg c Rgrr rr r c ()

    (a) c rz

    () r c r c, r r r r c c;

    () r r-r

    c r ( ) c c;

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    9 Laws of Malaysia Act 643

    () rcr c;

    (b) c, r r g Rgrr r c r, c

    r crcg gr lg c,

    c cc cc r rcr c cr

    (c) r crr crr;

    (d) c r rr c r rg rrr r c r,r r r crr.

    () t Rgrr g r lgc g r rr r cr r jrc

    (a) rqr c () c;

    (b) c c r acc c ,

    Rgrr gr r c c cr gr rg rr r r, r r r crr c r c c r, r r r crr

    c g c cr cr r r c r ac.

    (4) u r rrrg c rcr r jrc g xc rr cr r cr r jrc, c Rgrr c c c crr lgr rr r cr r jrc

    c Rgrr r r rgr:

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    pr g c rc jrc Cr (r hg Cr rr) r r rcg cc

    r r g c r c ccrr lg.

    (5) wr lg c Rgrr rc (4) r rrrg c r cr r jrc xc rrcr r cr r jrc c , , g Rgrr r c r rgr rc c

    (a) ( ) cr r r c c rc c r rgr r ac;

    (b) c r r ac r rgrr ac.

    coss of odis bfo cou

    107. i rc rcg r Cr r ac, Cr , cr, rc c r c c r r j.

    Suiy fo oss

    108. wr lg c Cr cr r g rcg, Cr , , rqrc cr g r c rcg cr g.

    Disosal of sas of saold wos wabous auow

    109. () wr r xrcg r gc, lgc cr r rgrrr r r r, c c c r crcg

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    94 Laws of Malaysia Act 643

    c rgr r r rr g r, r xr r c, r

    Rgrr.() i r xr r

    c r c (), r rrr , c rr r rr c Rgrr r r xc r r rr r Rgrr; r r r c r rc rr, , g rr, r

    c c, rr,r c rc r, c c rc c rc r.

    pow o a lif

    110. () i rcg r ggc, , rc r rc r g r c

    , r Cr r c rcgr r rc r c r , g rgr crcc c cg cc , g r xc r ggc, , rc r rc r, Cr r r r r r c r Cr .

    () wr r c r r c r g g rc ggc, , rc r rc r, Cr r r, Cr r r r c Cr r c rcgg r ggc, , rc r rc r rg.

    () t r c r

    (a) cr lg c;

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    (b) r lg c r,r r r cr c;

    (c) xr g ac;

    (d) r, cg rcr gr r qr, r r rc Cr r Rgrr crr r ac r lg c.

    Iulaiis i odis

    111. () n rcg r ac

    , c, rrr, rrgr r cc c r Cr jc r c r c c r rr Cr Cr , , rr r rc crg c rcg r g c , c, rrr, rrgr rcc.

    () w cg gr c () r r r ac, r , c, rrr,

    rrgr r cc, cg c qr g lg c, ccrr g r r lg c r rc r ac ccrr, r rr rc r rrc c c, r r rcg r cc g r rr g rr c, cg r r g cr c, Cr

    (a) , r r c g r r, c rr r rc rc r c rc r g r r c g r cqc c , c,rrr, rrgr r cc, r c,r r g rr r r c , c, rrr, rrgr r cc;

    (b) , r g c rr r rc,

    c rr r rc jc c r r r crr c, r r r;

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    96 Laws of Malaysia Act 643

    (c) r c rr r rc , gc cr r cq rc ;

    (d) r c r g r r cc r c rrr rc r r r.

    () fr r c (), g, r lg c, c

    (a) g c;

    (b) g c r c;

    (c) g r r r c r r c;

    (d) g rcr c r c rcr;

    (e) g crr r c crr

    c.

    (4) t Cr, r c rc g r , x r r r g c r g rcg r ac r rg c r, , jc c rqr, c x rr g c r r rg r .

    taslaio of isums

    112. () wr r ac lg c r rglg c rqr g Rgrr r, crc, crc r c r cr cr r gg r eg gg, c g Rgrr cr r r

    gg r eg gg.

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    () wr r ac lg c r rglg c rqr r cc r, crc, crc r c

    r gg r eggg, c rgr c lg cr r r ggr eg gg.

    () wr cc, r r rcr lg c r rg lg c rqr r ac r ggr eg gg, rcr c c r r gg r eg

    gg c cc, r rcr r r r c c r rgcc, r rcr r g rg cc, r rcr r rqr r ac.

    Dividds ayabl fom ofis oly

    113. () n rr lg c xc r.

    () er rcr lg c r r r g c g ac.

    Us of wod cooaio, etc.

    114. er r crr lgr r c crr r r rbr, Crr, icrr, l, sca, sc a, agc, nzvc, prr tr r r r r r gg cr c c jc c r, r r r , lg c, rg lgc crr r rgr r ac, cc r crr , g c g

    ac.

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    98 Laws of Malaysia Act 643

    gal aly

    115. () a r

    (a) c r r ac r ;

    (b) c r r ac rqrr rc ; r

    (c) r cr r c r ac,

    g c g ac.

    () a r g c g ac cc xr r r c, r xr r, xcg rgg.

    () t , cr r r, , r , c r r c ac, c c cc

    xcg , r xr r c, r.

    Dfaul aly

    116. () wr r c r r c ac r r xr d , c r cc c

    g ac r c r r c g rr c g ac cc r cc r c rg c c c r xr c r r c r, xr, r rgg.

    () wr c c r r r c r ac r

    r c rqr r rc g rcr r, c, r r c (),

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    99Langkawi International Yachting Companies

    c g g rqr rrc r , g r .

    () fr r r ac cr cr lg c, rg lgc r grr c g c g ac r , xrcr r r cr c g

    (a) g c; r

    (b) rz r r c c.

    posuio

    117. n rc r c r ac xc r r c pcprcr.

    comoudi of offs

    118. () t Rgrr , c pcprcr, c c c rg ac r rg rcr mr c c rg g rr r r c g c c c c Rgrr xcg r c x r c c r.

    () a r r c () r c c r rcr c , r c r c r, r c x Rgrr gr, rcr c r g r r .

    () wr c c r c(), rc rc cg r r c .

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    podu w o laid dow

    119. i c r rqr r r

    r r ac r rcrr rcr r ac r rg, c Rgrr r rc

    r c r , c

    r r ccrc rc

    rrc c c r .

    rulaios

    120. () t mr r rgrcrg r g rqr r rz ac rcr r r, r c cr

    r x, r crrg r gg c

    r ac.

    () w rjc gr c (),

    rg r rcrg

    (a) r r r ac r c c r;

    (b) r c r c r

    ac;

    (c) crg r ac

    r , r gg r

    xg c , crg rcrr r ;

    (d) r c ccg r rcr rqr r r ac r r

    , cr, rr, xr, c

    r c r cc r c

    c ccg r r rcr;

    (e) c c c rcr

    r cg c c;

    (f) r r c x r cr r r ac.

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    0Langkawi International Yachting Companies

    poibiio by Miis

    121. () t mr gg r rr,

    , c Gazette, mr rc(a) rg crr lg

    c r c c;

    (b) rg rgr rg lgc; r

    (c) rcg lg c c crr r r r r c c rc.

    () a rc r c r rr mr.

    Sy

    122. () a rcg (r cr rcg)rg lg c r rg lg ccc Cr, r r r ac

    r r r rg rg r g cr, r r r r, rr, , Cr r rr, r incamera rcg r Cr.

    () wr

    (a) rcg r g lgc Cr c r

    cr r c r ac; r

    (b) lg c r cr r cc Cr c r ac,

    Cr , , rr rcr, rgr c r Rgrrrgr rcr rg c c r c.

    () a r , rc lg c,r r r r ac

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    r crrg c lgr r

    (a) g;

    (b) , r r r g; r

    (c) cr c r r g,

    r ccrg r cg

    (d) rg , r c r , rr r c c;

    (e) g c c;

    (f) , c r r r r rc c,

    g c g ac.

    (4) ng c r Cr rxrcg cr rqr r rc c r g c rcg r Cr c r rcg.

    pow of xmio

    123. t mr , rc Rgrr, c rg, x lg c rrg lg c, r r r c r,r c lg c r rg lg cr r ac , grg cx, c r c mr

    .

    Fs, alis ad sii off

    124. () a lg c Rgrr .

    () i lg c rrr c () r r xr r x r , r q r c .

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    0Langkawi International Yachting Companies

    () i lg c c c () r r xr r r xr

    r x c c (), Rgrr r xr r crr lg c r c lg c rc rgr c c() r r c rc x r Rgrr.

    (4) i lg c c c ()

    r c r x r Rgrr r c (), Rgrr r lg c rgr.

    (5) ng lg c rc rgr r c, lgc r r c, , g lg c, rg c r, rcr, cr

    r g r ac r r .

    (6) t rg lg c r rgr r c c r r Rgrr r c crr r c Gazette.

    (7) sc () (5) lg c rc g .

    comay su off liabl fo fs, etc.

    125. a lg c crr r ac c r , cg r ac, cg c c 4(), g lg c rc rgr; c , cg ,

    rr r r c g lgc.

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    04 Laws of Malaysia Act 643

    Fs ayabl o risa

    126. t Rgrr r c rqr

    r ac r c rcr .

    eff of sii off

    127. () wr lg c rc rgr, lg c, rcr,r, qr rcr c,

    (a) cc g rcg, crr

    r lgc;

    (b) g rcg, c r c rg r, r , lg c;r

    (c) c rc r lgc.

    () ng c (), r lg c rc rgr, lgc, r rcr, r, qr r rcr c,

    (a) Rgrr r lg c rgr r;

    (b) c rcg r ccg lg c rr rg ;

    (c) c crr g rcg r lg c rr rg .

    () t c lg c rc rgr r

    (a) lg c r crrg ;

    (b) crr r g c g lgc rg c rg jgr xc; r

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    05Langkawi International Yachting Companies

    (c) Cr c qrr lg c r pr viii X C ac 965, r r

    lg c r.

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    06 Laws of Malaysia Act 643

    scheDule

    [sc 5]

    poweRs of lanGkawi Company

    . t crr , r c r ac r rg r g crr , c c c g c crr r cc rc rrc c r rr r crr r rg.

    . t r r r rc r c.

    . t cqr, , r r r rg r

    rr .

    4. t cqr, , r r r rg r c, c r .

    5. t r r r r rgr .

    6. t , g r .

    7. t cqr rg r r.

    8. t r r rcr r rc.

    9. t rr.

    0. t rcr rgr r rcg c lg.

    . t cr xg rg r.

    . t r r, r r r r .

    . t r r r r r c r r.

    4. t g gr gr.

    5. t rc r r rr r rg c r .

    6. t r r c.

    7. t g, g c , r , r , r r cg .

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    07Langkawi International Yachting Companies

    8. b r r g r , g rg r r c r r r g r r xc r, r xrcgc r r g r r r

    c , r r g c xc rr r r rr c g rr c r r r c.

    9. t g c c rr rc r g r r r r .

    0. t r r .

    . t c g r c r cc xrc r c.

    . t r g c r r r r ac r

    rg.

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