Malaysia legislation
Section 122
Section 122
(2)
Where—
(a)
in any proceedings for the winding up of a Langkawi company the Court is satisfied that the company or any officer thereof has failed to comply with any provisions of this Act; or
(b)
a Langkawi company or any officer thereof is convicted by the Court of any offence under this Act, the Court may, if it thinks fit, order that the records, books and registers of that company and the entries in the Registrar’s registers and records relating to that company be opened to the public for inspection.
(3)
A person who, with respect to any Langkawi company, otherwise than for the purpose of the administration of this Act
102
Act 643
or the carrying on of the business of the company in Langkawi or elsewhere—
(a)
divulges;
(b)
attempts, offers or threatens to divulge; or
(c)
induces or attempts to induce other persons to divulge, any information concerning or touching upon—
(d)
the shareholding in, or beneficial ownership of, any share or shares in such company;
(e)
the management of such company; and
(f)
any of the business, financial or other affairs or transactions of the company, shall be guilty of an offence against this Act.
(4)
Nothing in this section shall prevent any Court from exercising its discretion to require any person to produce any document or to give any evidence in any proceedings before the
Court which is relevant to those proceedings.
Power of exemption