A recent decision issued by the Malaysia Competition Commission (MyCC) imposed what I saw one of the heftiest penalty on a single entity for an infringement of Section 10 of the Competition Act 2010 – RM17mil. For some reason, this is much lower than the collective sum of RM33k in the earlier proposed decision on… Continue reading Can I say no?
La Kaffa International Co Ltd v Loob Holdings Sdn Bhd and Another Franchise Law Franchising is simply defined as a tit for tat strategy where on one side it helps smaller companies to develop and prosper under the guidance of a bigger company while simultaneously allowing the bigger company to increase and expand their distribution.… Continue reading The Tea Tiff
Identifying a related party transaction (RPT) is similar to playing detective and spotting the difference. If you’ve ever watched Suits (or the ongoing case of 1MDB), these transactions go from bank accounts to bank accounts, countries to countries and ending up settling in an offshore bank account. Tracing the chain of transactions is challenging at… Continue reading Related or not related?
The author discusses the case of CIMB Bank Berhad v AmBank Berhad & 2 Ors  5 MLJ 142. It is a Malaysian land law case on deferred indefeasibility, the position of chargees and the meaning of 'purchaser' in the National Land Code 1965 ('NLC'). To appreciate this article, the reader must have a basic… Continue reading Case comment: Of con men and chargees
2 things are definite in this world: Tax and Death. Even after you die, if you owe the government tax payable, you would still need to pay it, without a doubt. After all, taxes are what funds the low-cost medical services (tooth extraction in government dental clinic is RM1.00 by the way), building of roads… Continue reading 4 facts about Malaysia’s Tax that you probably didn’t know
In light of recent events, I thought this would be a good time to refresh and get relevant about Company Law and as the title suggests, shareholders’ rights in a company. Shareholders, being investors of the company, pour their money into a company in hopes to get a return on investment from the company so… Continue reading Protecting shareholders’ rights
People use Google for one of two things: to search something online or to check if their internet connection is working. If you’re the first, you may or may not have seen products being displayed on the top bar when you search for an object, for example: Google generates about 0.3 billion USD daily and… Continue reading Too much of a google thing is a bad thing?