Malaysia Economic Structure
Essay Preview: Malaysia Economic Structure
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The precedure of changing the name of the company are: Section 23 of the Act stipulates that a company maybe special resolution resolve to change its name. The procedure for change a name of company is as follows:
Step 1 – the directors shall decide the desired name and shall instruct the Company Secretary to file a name search using Form 13A (request for availability of name) with the Registrar of approval, together with a fee of RM30.
Step 2 – when the registrar has approved the use of the proposed name, the directors shall instruct the secretary to convene an Extraordinary General Meeting, EGM or if the Annual General Meeting, AGM is to be held, as a special business of the AGM to pass a special resolution to change the name of the company.
Step 3 – after the passing of the special resolution to change the name, the following documents must be lodged with the CCM within 14 days:
Form 11 (Notice of Resolution)
A copy of Form 13A
A copy of the name approval letter from the CCM
A copy of the exising Certificate of Incorporation (Form 9 or 8)
Registration fee on the change of name of RM100
The precedure of changing the registered office are: the directors have the power to change the registered address at any time, by resolution of the Board, provided it remains within Malaysia.
Step 1 – the board of directors shall pass a board resolution to change the address of the registered office
Step 2 – the secretary shall file Form 44 (Notice of situation of registered office and office hours and particulars of change) with the CCM within 1 month after the date of change
Step 3 – attach a copy of the Form 44 to every copy of the company M&A
The precedure of changing the object clause are: Section 28 of the act governs the procedure to alter the object in the Memorandum as follows:
Step 1 – the directors shall instruct the Company Secretar to convene a general meeting to consider the proposed amendment to the objects clause
Step 2 – the company shall give a minimum of 21 days notice to all members, trustees for debenture holders or if there are no trustees, to all debenture holders registered in the register of debenture holders of the company.
Step 3 – at the general meeting, a special resolution altering the companys object will be passed
Step 4 – if an appliction for the cancellation of an alteration is made to the Court by holders of not less than 10% in the nominal value of the companys issued share capital or holders of not less than 10% of value of the companys