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*LABUAN COMPANIES ACT 1990/Section 45

Malaysia legislation

Section 45

of *LABUAN COMPANIES ACT 1990

Section 45

A Labuan company may, by special resolution, determine that any portion of its uncalled share capital shall not be capable of being called up except in the event of the company being wound up, but no such resolution shall prejudice the rights acquired by any person before the passing of the resolution.

Read in full context — *LABUAN COMPANIES ACT 1990 →
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