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Chye Hup Heng Sdn Bhd (in liquidation) v Ketua Pengarah Hasil Dalam Negeri
Judicial Review No WA-25-120-07/2016) (HC)
This is a note on a recent significant decision of the High Court that addresses the issue relating to the entitlement of the Director General of Inland Revenue (“DGIR”) to immediate payment of real property gains tax (“RPGT”) arising from disposal of a charged property by a liquidator.
Chye Hup Heng Sdn Bhd (“CHH”) created a land charge …
The rapid increase in the number of bankruptcy in Malaysia is of particular concern. According to the Malaysian Insolvency Department statistics, a total of 97,215 people were declared bankrupt between January 2012 and September 2016, with Selangor heading the list with 27,269 cases. As a result, the government introduced the Bankruptcy (Amendment) Bill 2016 ("the Bill") with the aim to curb such continuing increase. The Bill was tabled for its first reading on 21 November 2016 and was passed …
Khamis, 8 Disember 2016: Wong Tunk Hing, pengarah dan setiausaha syarikat Asiapura Lands Sdn Bhd telah didakwa di Mahkamah Sesyen Johor Bahru atas kesalahan membuat pernyataan palsu kepada Suruhanjaya Syarikat Malaysia (SSM) di bawah Seksyen 364(2) Akta Syarikat 1965 yang membawa hukuman penjara tidak melebihi 10 tahun atau denda tidak melebihi RM250,0000.00, jika sabit kesalahan.
Wong Tunk Hing didakwa membuat pernyataan palsu di dalam Borang 48E bertarikh 23 November 2009 berkaitan …