The Insolvency & Restructuring Law Blog

3 Pitfalls that directors may face in winding up



7th March, 2016


By Shih LeeMalaysian Lawyer


In my earlier post, I had set out a summary of the winding up law in Malaysia. Now, I touch on the three possible pitfalls and liabilities which directors may face if their company is wound up.  The list is by no means exhaustive but I will only deal with three topics: Continue Reading




Closing Down a Company: Winding Up Law in Malaysia



4th February, 2016


By Shih LeeMalaysian Lawyer


The winding up of a company is the process of bringing an end to a company. The company’s assets are sold off and then used to pay off the company’s debts. Any excess proceeds are then returned to the shareholders of the company. Continue Reading