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This document announces new guidelines from the Companies Commission of Malaysia (SSM) on applications to strike off the name of a company under Section 308 of the Companies Act 1965.
The new guidelines detail the requirements and procedures for two types of applications - under Section 308(1) for defunct companies that are not carrying on business or in operation, and under Section 308(3) for companies that have been wound up. Requirements include resolutions from shareholders or statements from liquidators, demonstrating the company has no assets/liabilities, tax obligations are settled, and more.
The guidelines repeal previous 1998 guidelines and will take effect on January 12, 2007. SSM seeks cooperation from stakeholders to disseminate this information
This document announces new guidelines from the Companies Commission of Malaysia (SSM) on applications to strike off the name of a company under Section 308 of the Companies Act 1965.
The …