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Essential Company Law In Malaysia, 2nd Edition, Student Edition, Revised Edition, Navigating The Companies Act 2016

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Dr Chan Wai Meng is an Associate Professor in the Faculty of Business and Accountancy, University of Malaya. She has lectured Company Law since joining the Faculty in 1998. Wai Meng has published extensively and is the author of Third Party Rights in Insurance Law in Malaysia (Sweet & Maxwell Asia, 2008), Understanding Company Secretarial Practices in Malaysia (Cengage Learning, 2010) and Company Law in Malaysia (Cengage Learning, 2013). She is currently the Deputy Chief Editor of Asian Journal of Business and Accounting, a journal published by the University of Malaya and indexed in the Emerging Sources of Citation Index and Scopus, among others. She is also the examiner and assessor for company law in a number of professional examinations. Prior to joining the academia, Wai Meng was in legal practice and in the banking industry for ten years.

Presenting the law in a clear and concise style, this book facilitates a quick understanding of the new Malaysian company law system. Regular reference is made to the provisions of the Companies Act 2016 to enable the reader to appreciate the statutory scheme regulating corporations in Malaysia. Illustrations are used to clarify concepts and cases are cited for reference. Comparison is made with the former scheme under the Companies Act 1965 where relevant and helpful comments are included to aid the analysis of more difficult areas of the law.

Each chapter begins with its learning objectives, presents the essential principles in succinct paragraphs and concludes with a summary to ensure that the reader obtains a clear understanding of the subject matter covered. A section titled “Points to Ponder” highlights diffi cult areas which may merit further discussion and consideration. The Appendix to the book contains a useful comparison of key provisions in the Companies Act 1965 and the Companies Act 2016.

This book is especially suitable for non-law degree students who take company law in their course of study as well as candidates taking MAICSA, ACCA and MIA examinations. It can also be of interest to practitioners who are looking for quick answers and those who want to learn more about the general law relating to companies and how the new Companies Act 2016 impacts their business.



  • Up-to-date text book that presents company law in light of the new Companies Act 2016
  • Presents essential principles in clear and succinct style
  • Contains illustrations and charts that facilitate understanding
  • “Points to Ponder” highlights difficult areas which merit further consideration
  • Appendix makes available a useful comparison of differences between the Companies Act 1965 and the Companies Act 2016


  1. Introduction
  2. Classification of Companies
  3. Incorporation
  4. Separate Legal Entity
  5. Constitution
  6. Corporate Transactions
  7. Share Capital
  8. Maintenance of Capital
  9. Membership
  10. Appointment of Directors
  11. Directors: Powers and Duties
  12. Appointment of Secretary
  13. Accounts and Auditors
  14. Meetings
  15. Member’s Remedies
  16. Loan Capital
  17. Corporate Rescue Schemes
  18. Winding Up