Effect of the Covid-19 Bill on Housing and Tenancies
On the 25th of August 2020, the Dewan Rakyat passed the Temporary Measures for Reducing the Impact of Coronavirus Disease 2019 (Covid-19) Bill 2020 (“Covid-19 Bill“). The Covid-19 Bill consists of 19 parts and 59 sections, modifying 16 written laws and these modifications will have retrospective effect.
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Life After MCO: Considerations for your business
The entire country has been living under the Movement Control Order (MCO) for more than a month now, and will continue to do so at least until 12th May. Most businesses have adjusted as best as they can, implementing working from home practices, negotiating a rebate of rental or suspension of contractual obligations, for the MCO period.
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The Covid-19 pandemic and the resulting Movement Control Order (MCO) imposed by the Government have undeniably raised a slew of legal issues, and conveyancing transactions and tenancies have not been spared.
Below are some of the common issues that may arise in relation to your conveyancing transactions and tenancies, during this unprecedented period:
Continue reading “How the covid-19 pandemic affects your conveyancing transactions and tenancies?”
As we start off this brand new year of 2020, it would be an opportune time to look back at the legal developments that came out of the year just passed, and consider how this may impact your respective businesses and dealings. Whilst they were many, we’ve picked the top few we feel would be most relevant to our clients.
Here is our CCLC list of the Top 10 legal developments of 2019:
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In this article, we highlight certain aspects of the Companies Act 2016 (“CA 2016”) that have implications for Lenders and Borrowers.
A) Execution of documents: common seal is optional
Section 61 of CA 2016 now provides that a company may, but does not need to have the common seal.
Continue reading “Lenders and Borrowers: What you need to know about the Companies Act 2016”
One application = trade mark protection in multiple countries. It is only a matter of time before business owners can avail themselves of the harmonized process under the Madrid Protocol.
Malaysian business owners who want to expand beyond the country into other markets and to protect their trade mark in the process, would no doubt have been told that they would have to file separate applications in each country of interest. This would involve engaging the services of trade mark agents in the respective countries, and the costs and time involved in overseeing and coordinating the various applications would have added to the burden of expansion.
There is however, an alternative procedure available on the horizon, when Malaysia accedes to the Madrid Agreement Concerning the International Registration of Marks (“Madrid Protocol”).
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The Bankruptcy (Amendment) Bill 2016 was passed by the lower house of Parliament in March 2017. The next step will be for it to be passed by the Dewan Negara before it receives Royal Assent.
Continue reading “Legislation Update – Bankruptcy (Amendment) Bill 2016 passed by Dewan Rakyat”
In view of the coming into force of the Companies Act 2016, Bursa Malaysia had, in March 2017, issued a consultation paper to seek public feedback on its proposed review of Listing Requirements for ACE and Main Markets
According to Bursa, the key areas of review under the Listing Requirements include the following:
Continue reading “Update: Bursa Malaysia is Reviewing the Listing Requirements”
The Solicitors’ Remuneration (Amendment) Order 2017 (“SRAO”) has been gazetted and came into effect on 15th March 2017. The SRAO increases the rate of the scale of fees to the First Schedule (fees for sales and transfers) and the Third Schedule (fees for charges, debentures, and other security or financing documents) of Solicitors’ Remuneration Order 2005 (“SRO”), which sets out the scale of fees payable in property transactions, including sale and purchase transactions (subsale and developer transactions) and charges, debentures, and other security or financing documents.
Continue reading “Legislation Update – Amendments to the Solicitor’s Remuneration Order”
Franchising has become the fastest growing way of doing business, but is this the only option?
So, Loob Holding recently lost the lucrative Chatime master franchise.
Up till now, Loob Holding has managed to build a bubble tea empire on the business approach of franchising. What is franchising exactly, and how does this differ to other methods of expanding your business, say licensing or even distributorship? Continue reading “To franchise, or not to franchise?”