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