Key Takeaway: Life is full of irony, and the handling of contractual disputes is no exception. It is essential to approach such disputes cautiously, as conventional methods may inadvertently backfire, leaving the innocent party liable instead of the guilty one. When facing contractual disputes, it’s natural for aggrieved parties to want to protect their interests…
Introduction The COVID-19 crisis has fundamentally changed the way that we work on a day-to-day basis. Many common, everyday actions have become unsafe, inconvenient or even, impossible. For example, the execution of contracts and other documents which are typically required to be formalized in person by signing a ‘wet’ signature. This has become increasingly difficult…
The Importance of Due Diligence in Private Acquisitions What is Private Acquisition? Private Acquisition refer to transaction whereby a buyer (“Buyer”) acquires privately owned companies, businesses or assets in Malaysia by way of either (i) acquisition of shares in a target company (“Share Sale”); or (ii) acquisition business or assets from a target company (“Business…
Private Acquisition in Malaysia: Share Sale vs Business Sale | Agreement In Malaysia, the two most common ways of acquisitions of privately owned companies, businesses or assets are by way of (i) acquisition of shares in a company (“Share Sale”); or (ii) acquisition business or assets from a company (“Business Sale”). A private acquisition in…
More and more organisations and businesses have begun to fully embrace digital transformation as the world persevered through a pandemic and now an endemic. Many businesses in Malaysia are forced to change their modus operandi and it spurs the mainstream adoption of digital signature and electronic signature (“e-signature”). At the same time, controversy arises on…
The Complete Guide to PDPA Personal Data Protection Act and How it Affects You With more and more personal data being shared and circulated on the internet, have you ever wondered how your personal data is protected? Would the website or company requesting your personal data abide to the privacy laws in Malaysia PDPA? If…
Soalan Lazim : Undang-Undang Pekerjaan di Malaysia | Akta Kerja 1995 Soalan Lazim ini merangkumi asas-asas Akta Kerja 1995, yang terpakai kepada kedua-dua majikan dan pekerja, bersama-sama dengan undang-undang lain yang berkaitan. Akta Pekerjaan Malaysia 1995 mengawal semua aspek perhubungan buruh di Malaysia. Apakah definisi pekerja? Di bawah Akta Kerja 1955, pekerja didefinisikan sebagai:- Mana-mana…
Shareholders Agreement: Everything You Need To Know A Shareholders Agreement is the contract between the shareholders of the company to govern their manner and conduct, to define their rights, duties and obligations inter se in running the company. Every Shareholders Agreement should be individually tailored, because every company is different. Why should you have a…
Issues How can a company secretary (cosec) be held negligent towards its client (i.e. a company), and then subsequently be liable for damages suffered by its client? Does a cosec holds a duty of care towards its client to inform the receipt of legal documents from the authority in the registered address? (in our present…
Is it safe to have your contract drafted by yourself? We have already established the necessity to have your contract to be put in writing in Part 1 of the Article. The next issue arises as to can you draft your own contract? Is it safe to do so? First of all, any agreement made…
