Is PERINTAH SYARIKAT (PENGECUALIAN) (NO. 2) 2020 still in force?

Yes — PERINTAH SYARIKAT (PENGECUALIAN) (NO. 2) 2020 is currently in force.

When did PERINTAH SYARIKAT (PENGECUALIAN) (NO. 2) 2020 take effect?

PERINTAH SYARIKAT (PENGECUALIAN) (NO. 2) 2020 was first recorded in 2020.

How many sections does PERINTAH SYARIKAT (PENGECUALIAN) (NO. 2) 2020 have?

PERINTAH SYARIKAT (PENGECUALIAN) (NO. 2) 2020 contains 10 sections.

Where can I read the official version of PERINTAH SYARIKAT (PENGECUALIAN) (NO. 2) 2020?

The official text of PERINTAH SYARIKAT (PENGECUALIAN) (NO. 2) 2020 is published at lom.agc.gov.my.

/akn/my/act/pua/2020/123

PERINTAH SYARIKAT (PENGECUALIAN) (NO. 2) 2020

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Type: P.U. (A)
Status: In force
Enacted: 2020
Sections: 10

Quick answer

About this p.u. (a)

PERINTAH SYARIKAT (PENGECUALIAN) (NO. 2) 2020 is Malaysia P.U. (A), cited as P.U. (A) 123 2020, currently marked in force and first recorded in 2020.

Opening note

Preamble

Pada menjalankan kuasa yang diberikan oleh seksyen 615 Akta Syarikat [Akta 777], Menteri, atas syor Suruhanjaya, membuat perintah yang berikut: Nama

Seksyen 1

Perintah ini bolehlah dinamakan Perintah Syarikat (Pengecualian)

(No. 2) 2020.

Seksyen 2

Pemakaian

Perintah ini terpakai berhubung dengan mana-mana notis tuntutan di bawah perenggan 466(1)(a) Akta yang disampaikan dalam tempoh mulai 23 April 2020

hingga 31 Disember 2020.

Seksyen 3

Pengecualian

Akta yang memperuntukkan bahawa mana-mana syarikat hendaklah disifatkan tidak mampu membayar hutangnya jika syarikat itu mengabaikan apa-apa notis tuntutan oleh mana-mana pemiutang supaya membayar hutangnya atau supaya menjamin hutangnya atau mencapai persetujuan mengenai hutangnya sehingga memuaskan hati pemiutang itu dalam tempoh dua puluh satu hari selepas penyampaian notis tuntutan itu ke atasnya.

1654

Seksyen 4

Syarat bagi pengecualian

Pengecualian di bawah perenggan 3 adalah tertakluk kepada syarat bahawa mana-mana syarikat hendaklah disifatkan tidak mampu untuk membayar hutangnya di bawah perenggan 466(1)(a) Akta jika syarikat itu mengabaikan apa-apa notis tuntutan oleh mana-mana pemiutang supaya membayar hutangnya atau supaya menjamin hutangnya atau mencapai persetujuan mengenai hutangnya sehingga memuaskan hati pemiutang itu dalam tempoh enam bulan selepas penyampaian notis tuntutan hutang itu ke atasnya.

Seksyen 5

Pembatalan

Perintah Syarikat (Pengecualian) 2020 [P.U. (A) 122/2020] dibatalkan.

Dibuat 23 April 2020

[KPDNKK 600-1/2/58; PN(PU2)740/II]

Datuk Alexander Nanta Linggi

Menteri Perdagangan Dalam Negeri dan Hal Ehwal Pengguna

COMPANIES ACT 2016

Companies (Exemption) (No. 2) Order 2020

Opening note

Preamble

In exercise of the powers conferred by section 615 of the Companies Act 2016 [Act 777], the Minister, upon the recommendation of the Commission, makes the following order: Citation

Seksyen 1

This order may be cited as the Companies (Exemption) (No. 2)

Order 2020.

Seksyen 2

Application

This Order applies in relation to any notice of demand under paragraph 466(1)(a) of the Act which is served within the period from 23 April 2020 to 31 December 2020.

Seksyen 3

Exemption

The Minister exempts all companies from paragraph 466(1)(a) of the Act which provides that any company shall be deemed to be unable to pay its debt if the company neglects any notice of demand by any creditor to pay its debt or to secure its debt or to compound its debt to the satisfaction of the creditor within a period of twenty-one days after the notice of demand is served on him.

1655

Seksyen 4

Condition for exemption

The exemption under paragraph 3 is subject to the condition that any company shall be deemed to be unable to pay its debts under paragraph 466(1)(a)

of the Act if the company neglects any notice of demand by any creditor to pay its debt or to secure its debt or to compound its debt to the satisfaction of the creditor within a period of six months after the notice of demand is served on him.

Seksyen 5

Revocation

The Companies (Exemption) Order 2020 [P.U. (A) 122/2020] is revoked.

Made 23 April 2020

[KPDNKK 600-1/2/58; PN(PU2)740/II]

Datuk Alexander Nanta Linggi

Minister of Domestic Trade and

Consumer Affairs

Hakcipta Pencetak

H atau sebaliknya tanpa mendapat izin daripada Percetakan Nasional Malaysia Berhad (Pencetak kepada Kerajaan Malaysia yang dilantik).

KUALA LUMPUR

WJW015006 23-04-2020

Common questions

What is PERINTAH SYARIKAT (PENGECUALIAN) (NO. 2) 2020?: PERINTAH SYARIKAT (PENGECUALIAN) (NO. 2) 2020 is Malaysia P.U. (A), cited as P.U. (A) 123 2020, currently marked in force and first recorded in 2020.
Is PERINTAH SYARIKAT (PENGECUALIAN) (NO. 2) 2020 still in force?: Yes — PERINTAH SYARIKAT (PENGECUALIAN) (NO. 2) 2020 is currently in force.
When did PERINTAH SYARIKAT (PENGECUALIAN) (NO. 2) 2020 take effect?: PERINTAH SYARIKAT (PENGECUALIAN) (NO. 2) 2020 was first recorded in 2020.
How many sections does PERINTAH SYARIKAT (PENGECUALIAN) (NO. 2) 2020 have?: PERINTAH SYARIKAT (PENGECUALIAN) (NO. 2) 2020 contains 10 sections.
Where can I read the official version of PERINTAH SYARIKAT (PENGECUALIAN) (NO. 2) 2020?: The official text of PERINTAH SYARIKAT (PENGECUALIAN) (NO. 2) 2020 is published at lom.agc.gov.my.