A COMPANY AND A CORPORATION DISTINGUISHED
COMPANY AND CORPORATION
Company
– a company incorporated pursuant to the Act or pursuant to any ‘corresponding
previous enactment’, meaning any written laws relating to companies previously
in force in any part of Malaysia corresponding with provisions of the Act.-s.2
CA 2016
Corporation
– a body corporate formed or incorporated or existing within Malaysia,
including a foreign company, limited liability partnership s.3 CA 2016.
However, excluded from this definition are the followings:
a)
A body corporate incorporated within
Malaysia and is by notice of the Minister published in the gazette declared to
be public authority or an instrumentality or agency of the government of
Malaysia or state or to be a body corporate which is not incorporated for
commercial purposes
b)
A corporation sole
c)
A society registered under any written
laws relating to co-operatives
societies; or
d)
A trade union registered under any
written law as a trade union
A
company shall have – s.9:
a)
A name
b)
One or more members, having limited or
unlimited liability for obligations of the company
c)
In the case of a company limited by
shares, one or more shares, and
d)
One or more directors
A COMPANY AND A CORPORATION DISTINGUISHED
Reviewed by Kamaruddin Mahmood
on
8:40:00 PTG
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