Requirement to close (aka strike off) Sdn Bhd?
Over 4,000 companies shut down since April this year, the Dewan Rakyat was told today. Deputy Domestic, Trade and Consumer Affairs Minister Rosol Wahid said 1,592 of the 4,542 closures took place in June, the most recorded from April 1 to July 19.
So how to close (aka strike off under S550 of Company Act 2016) for Sdn Bhd? This series we cover the requirements to strike off.
Requirement for an application pursuant to Section 550 of Company Act 2016 for strike off exercise:
The resolution of the shareholders have been passed for the initiation of the application to strike off the name of the company from the register on the basis that the company is not carrying on business or not in operation.
The company has no assets and liabilities at the time when the application is made.
The company has no outstanding charges in the Register of Charges
The company has no outstanding penalties or offer of compounds under the CA 2016
The company has no outstanding tax or other liabilities with any Government Department or Agency
The information of the company with the Registrar is up to date
The company is not involved in any legal proceeding within or outside Malaysia
The company has not made any return of capital to the shareholders
The company is not a holding company & a “Guarantor Corporation
Archive
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- February 2024
- January 2024
- December 2023
- November 2023
- October 2023
- September 2023
- August 2023
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- November 2019
- September 2019
- August 2019
- July 2019
- June 2019
- May 2019
- April 2019
- March 2019
- February 2019
- January 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- November 2016
- October 2016
- September 2016
- August 2016
- July 2016
- June 2016
- May 2016
- April 2016
- March 2016
- February 2016
- January 2016