Malaysia legislation
Section 58A
Section 58A
(2)
The Court may order the winding up on a petition made under subsection (1) if the person referred to in subsection 58(1)—
(a)
has been appointed as an authorized depository agent under section 13 and that appointment has been terminated; or
(b)
has contravened any rules of the central depository or any provision of the securities law, whether or not that person has been charged with an offence in respect of the contravention, or whether or not the contravention has been proved in prosecution.