Companies Act 1965 Explained

Short Title:	Companies Act 1965
Legislature:	Parliament of Malaysia
Long Title:	An Act relating to companies.
Citation:	Act 125
Territorial Extent:	Throughout Malaysia
Enacted By:	Dewan Rakyat
Date Enacted:	1965 (Act No. 79 of 1965) Revised: 1973 (Act 125 w.e.f. 14 December 1973)
Date Passed:	9 August 1965
Enacted By2:	Dewan Negara
Date Passed2:	16 August 1965
Date Effective:	[Throughout Malaysia—15 April 1966, P.U. 168/1966]
Date Repealed:	31 January 2017
Bill:	Companies Bill 1965
Introduced By:	Lim Swee Aun, Minister of Commerce and Industry
1St Reading:	26 May 1965
2Nd Reading:	9 August 1965
3Rd Reading:	9 August 1965
Bill2:	Companies Bill 1965
Introduced By2:	Lim Swee Aun, Minister of Commerce and Industry
1St Reading2:	16 August 1965
2Nd Reading2:	16 August 1965
3Rd Reading2:	16 August 1965
Amended By:	Companies (Amendment) Act 1966 [Act 23/1966] Companies (Amendment) Act 1969 [Act A21] Borrowing Companies Act 1969 [Act 6] Emergency (Essential Powers) Ordinance No. 27, 1970 [P.U. (A) 102/1970] Companies (Amendment) Act 1971 [Act A50] Banking Act 1973 [Act 102] Revision of Laws (Companies Act) Order 1975 [P.U. (A) 15/1975] Malaysian Currency (Ringgit) Act 1975 [Act 160] Subordinate Courts Act (Extension) Order 1980 [P.U. (A) 357/1980] Islamic Banking Act 1983 [Act 276] Companies (Amendment) Act 1985 [Act A616] Companies (Amendment of Schedules) Order 1986 [P.U. (A) 15/1986] Companies (Amendment of Schedules) (No.2) Order 1986 [P.U. (A) 476/1986] Companies (Amendment) Act 1986 [Act A657] Subordinate Courts (Amendment) Act 1987 [Act A671] Companies (Amendment of Schedule) Order 1988 [P.U. (A) 14/1988] Companies (Amendment) Act 1989 [Act A720] Banking and Financial Institutions Act 1989 [Act 372] Companies (Amendment) Act 1991 [Act A791] Companies (Amendment) Act 1992 [Act A816] Companies (Amendment) (No.2) Act 1992 [Act A836] Companies (Amendment) Act 1993 [Act A845] Securities Commission Act 1993 [Act 498] Companies (Amendment of Schedules) Order 1993 [P.U. (A) 79/1993] Companies (Amendment) Act 1996 [Act A949] Insurance Act 1996 [Act 553] Companies (Amendment) Act 1997 [Act A1007] Companies (Amendment) Act 1998 [Act A1022] Companies (Amendment) (No.2) Act 1998 [Act A1043] Companies (Amendment of Schedule) Order 2000 [P.U. (A) 236/2000] Companies (Amendment) Act 2000 [Act A1081] Companies (Amendment) Act 2001 [Act A1108] Companies (Amendment of Schedule) Order 2001 [P.U.(A) 371/2001] Companies (Amendment) Act (No.2) 2001 [Act A1118] Bankruptcy (Amendment) Act 2003 [Act A1197] Companies (Amendment) Act 2007 [Act A1299]
Repealed By:	Companies Act 2016 [Act 777]^[1] ^[2]
Status:	Repealed

The Companies Act 1965 (Malay: Akta Syarikat 1965), is a Malaysian law which relates to companies.

Structure

The Companies Act 1965, in its current form (15 August 2007), consists of 12 Parts containing 374 sections and 10 schedules (including 36 amendments).

• Part I: Preliminary
• Part II: Administration of Act
• Part III: Constitution of Companies
  • Division 1: Incorporation
  • Division 2: Powers
• Part IV: Shares, Debentures and Charges
  • Division 1: Prospectuses
  • Division 2: Restrictions on Allotment and Commencement of Business
  • Division 3: Shares
  • Division 3A: Substantial Shareholdings
  • Division 4: Debentures
  • Division 5: Interests other than Shares, Debentures, etc.
  • Division 6: Title and Transfers
  • Division 6A: Provisions Applicable to Companies whose Securities are Deposited with the Central Depository
  • Division 7: Registration of Charges
• Part V: Management and Administration
  • Division 1: Office and Name
  • Division 2: Directors and Officers
  • Division 3: Meetings and Proceedings
  • Division 4: Register of Members
  • Division 5: Annual Return
• Part VI: Accounts and Audit
  • Division 1: Accounts
  • Division 2: Audit
• Part VII: Arrangement and Reconstructions
• Part VIII: Receivers and Managers
• Part IX: Investigations
• Part X: Winding up
  • Division 1: Preliminary
  • Division 2: Winding up by the Court
    • Subdivision 1: General
    • Subdivision 2: Liquidators
    • Subdivision 3: Committees of Inspection
    • Subdivision 4: General Powers of Court
  • Division 3: Voluntary Winding up
    • Subdivision 1: Introductory
    • Subdivision 2: Provisions applicable only to Members' Voluntary Winding up
    • Subdivision 3: Provisions applicable only to Creditors' Voluntary Winding up
    • Subdivision 4: Provisions applicable to every Voluntary Winding up
  • Division 4: Provisions Applicable to Every Mode of Winding up
    • Subdivision 1: General
    • Subdivision 2: Proof and Ranking of Claims
    • Subdivision 3: Effect on other Transactions
    • Subdivision 4: Offences
    • Subdivision 5: Dissolution
  • Division 5: Winding up of Unregistered Companies
• Part XI: Various Types of Companies, etc.
  • Division 1: Investment Companies
  • Division 2: Foreign Companies
• Part XII: General
  • Division 1: Enforcement of Act
  • Division 2: Offences
  • Division 3: Miscellaneous
• Schedules

See also

• Companies Act

External links

• Companies Act 1965

Notes and References

1. Web site: Companies Act 2016 . Parliament of Malaysia . 11 June 2022., section 620
2. Web site: Appointment of Date Coming into Operation . Hamzah Zainudin . Federal Government Gazette . 11 June 2022.