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Section 49

Forms of documents and other means for recording of documents

of Companies Act 2016

ActIn forceProvision 49 of 768
Section 49

(a)

in a written form; or

(b)

in any other form or manner, electronic or otherwise, that allows the documents and information to be easily accessible and reproduced into written form.

(2)

A company shall take reasonable precautions to prevent documents and records kept in the form referred to in subsection (1)

from being falsified.

(3)

If a company discovers that a document or record has been falsified, the company shall immediately inform the Registrar and the

Registrar shall have the power to direct the company to—

(a)

amend, rectify or vary the document or record; or

(b)

take any other actions as the Registrar thinks fit.

(4)

The company and every officer who contravene this section commit an offence and shall, on conviction, be liable to a fine not exceeding five hundred thousand ringgit or to imprisonment for a term not exceeding five years or to both.