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Legal Update

Introduction of New Registration Number Format for Business Entities

The Companies Commission of Malaysia (“Commission”) has announced the introduction of a new 12-digit format for registration numbers for companies, businesses and limited liability partnerships. The implementation of the new format, which took effect on 11 October 2019, is in line with the government’s initiative to adopt a single registration format for all business entities […]

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Adjudication Decision Need Not Be Enforced As A Judgment Under S. 28 Of Cipaa To Commence Winding Up

Adjudication under Construction Industry Payment and Adjudication Act 2012 (“CIPAA”) is a temporary means of resolving payment disputes in the construction industry. Nevertheless, an adjudication decision is binding on parties until it is set aside or the dispute is finally resolved. Thus, it is possible and indeed an option for the successful party to an […]

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Bursa Malaysia Berhad Public Consultation Papers: (A) Proposed Amendments To The Main And Ace Market Listing Requirements In The Areas Of Anti-Corruption And Whistle-Blowing Measures; And (B) Driving Digitalisation In Corporate Exercises

Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) has, on 26 September 2019, issued a consultation paper seeking public feedback on the proposed amendments to the Main and ACE Market Listing Requirements (collectively “Listing Requirements”) in light of the government’s call under the National Anti-Corruption Plan (2019-2023). In that connection, Bursa Malaysia seeks the views […]

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Test For “Ability To Pay Debts” In Bankruptcy

On 26.8.2019, the Federal Court heard, and allowed, the appeal of Affin Bank Berhad regarding when a bankruptcy order may be annulled. The issue of the ability of a debtor to pay his debts was considered as it was contended by the debtor that his ability to pay his debts had arisen subsequent to the […]

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Cipaa Applies To Interim & Final Payment Disputes

On 1 August 2019, the Federal Court in Martego Sdn Bhd v Arkitek Meor & Chew Sdn Bhd, (Civil Appeal Nos. 02(f)-2-01/2018(W) and 02(f)-3-01/2018(W)) has confirmed inter alia that the Construction Industry Payment & Adjudication Act 2012 (“CIPAA”) applies to interim and final payment disputes, thereby affirming the majority decision of the Court of Appeal […]

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Sections 56 & 57 Of The Central Bank Act 2009 Held To Be Constitutional

On 10.4.2019, the historic 9-member panel of Judges which was convened for the first time in such a large number to hear a constitutional reference of issues, delivered its judgment on whether legislative provisions which allowed the rulings of the Shariah Advisory Council (“the SAC”) are unconstitutional. The Judges included the Chief Justice of Malaysia, […]

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Alb Litigation Law Firm Of The Year 2019

​​We are delighted to share this triumph with our clients, who have entrusted us to chart the course and solve the complications. We were awarded the ALB Litigation Law Firm of the Year 2019 at the prestigious Asian Legal Business Malaysia Law Awards on 28.3.2019! We thank you for your trust and support. We will […]

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