Podcast
Questions and Answers
What is the maximum liability of a member in a company limited by shares?
What is the maximum liability of a member in a company limited by shares?
- The amount unpaid on shares held by the member (correct)
- The total value of the company's liabilities
- The full value of the company's assets
- An unlimited amount
What type of company has no share capital?
What type of company has no share capital?
- Company Limited by Guarantee (correct)
- Unlimited Liability Company
- Company Limited by Shares
- Public Company
What is the main difference between a company limited by shares and a company limited by guarantee?
What is the main difference between a company limited by shares and a company limited by guarantee?
- The extent of liability of members (correct)
- The type of business they can conduct
- The duration of their existence
- The minimum number of members required
In a company limited by guarantee, what is the extent of a member's liability?
In a company limited by guarantee, what is the extent of a member's liability?
What is the characteristic of an unlimited liability company?
What is the characteristic of an unlimited liability company?
What was the issue in the case of Tan Tien Kok v Medical Specialist Centre (Jb) Sdn Bhd?
What was the issue in the case of Tan Tien Kok v Medical Specialist Centre (Jb) Sdn Bhd?
What is a characteristic of a private company according to S.42(2)?
What is a characteristic of a private company according to S.42(2)?
What is the main difference between a public and a private company?
What is the main difference between a public and a private company?
What is the significance of the words 'Private' or 'Pte' in a company's certification of incorporation?
What is the significance of the words 'Private' or 'Pte' in a company's certification of incorporation?
What is the purpose of the Securities Commission Act 1993 and the Securities Industry Act 1983?
What is the purpose of the Securities Commission Act 1993 and the Securities Industry Act 1983?
What is an exempt private company?
What is an exempt private company?
What is the requirement for a company to be considered a public company?
What is the requirement for a company to be considered a public company?
What is a prerequisite for a director before the company formation application is submitted?
What is a prerequisite for a director before the company formation application is submitted?
What is the minimum number of promoters required for a private company incorporation?
What is the minimum number of promoters required for a private company incorporation?
What type of company requires at least two directors who ordinarily reside in Malaysia?
What type of company requires at least two directors who ordinarily reside in Malaysia?
What is the term for a company that has no members except its parent company or its nominee?
What is the term for a company that has no members except its parent company or its nominee?
What is the first step in the company incorporation procedure?
What is the first step in the company incorporation procedure?
What is the residence requirement for a director of a private company?
What is the residence requirement for a director of a private company?
