Month: June 2021

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Can A Debenture Holder Sue On The Basis Of Oppression?

What is a debenture holder? Can a debenture holder raise an oppression claim in court? This question was dealt with in the recent case of The Bank Of Nova Scotia Berhad & Anor v Lion DRI Sdn Bhd & Ors. We shall briefly share with you what the court says on this matter. What is…
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June 30, 2021 0

Does “Reflective Loss Principle” Applies Across The Board?

Does the reflective loss principle apply across the board or only to a specific group of people? This issue was recently dealt with by the high court in Agathisfour Sdn Bhd v Papparich Group Sdn Bhd. We will briefly look at it in the article below. Brief facts of the case Agathisfour entered into a…
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June 30, 2021 0

Determining The Financial Year End Of A Company

What is it all about? The financial year-end is an annual must-do exercise in which every company has to go through. In this regard: It determines the company’s financial statement; It is generally known as the financial year where the profit & loss account and balance sheet are made up and made known to the…
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June 29, 2021 0

What Are The Roles And Duties Of A Company Secretary?

Broadly speaking, a company secretary (or ‘co sec’ as they are colloquially called) is someone who usually assists the company in observing corporate governance, corporate planning, and strategy development of the company. Once you get to know one, you will realize that a company secretary does more than just that. While you might think that…
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June 22, 2021 0