Director convicted for making false declaration in a strike off application

Director of a local incorporated company has been convicted by the court and he was ordered to pay a fine of RM15,000 or face 5 months imprisonment for making a false or misleading statement to Companies Commission of Malaysia (CCM) in an application to strike off the company under Section 308(1) of Companies Act 1965. The said director made a false declaration to CCM that the company had not carried out any business since incorporation. Upon the submission, CCM undertook an investigation which lead to the discovery of the fact that the company was indeed active during the period. The director was subsequently charged in the court for violating the Companies Act. Providing misleading informa

Professional Credentials of Our Management Team:

© 2020 by StanleyCo Consulting Sdn. Bhd. (472476-X)