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KUALA LUMPUR: The Malaysian Bar and its office bearers have sued the police and the government for wrongful detention when they were barred from proceeding with their “Walk For Judicial Independence” to Parliament on June 17. ....
KUALA LUMPUR: The Malaysian Bar and its office bearers have sued the police and the government for alleged wrongful detention when they were barred from proceeding with their "Walk For Judicial Independence" to Parliament on June 17. ....
The Companies Commission of Malaysia (CCM) has charged NWP Holdings Bhd for its failure to obtain shareholders’ approval at its annual general meeting for the directors’ fees paid for the financial year ended Aug 31, 2017 and Aug 31, 2018. ....
was hauled up by the Companies Commission of Malaysia (SSM) for not getting shareholders’ approval at an AGM for the directors’ fees paid for the financial years ended Aug 31,2017 and 2018. In a filing with Bursa Malaysia, NWP said it had on Jan 26 and Feb 8 received the summons from the CCM for the failure to obtain the approval. “Pursuant to the summons, SSM has charged NWP for failure to obtain its shareholders’ approval at the AGM for the directors’ fees paid for the financial year ended Aug 31,2017 and 2018. Thus, NWP is deemed to be in breach of Section 230(1)(b) of the Companies Act, 2016 and shall, on conviction, be liable to a fine not exceeding RM3mil for each charge and any payment that is paid without shareholders’ approval is a debt by the director to the company, ” it said. ....