{"id":1921,"date":"2011-12-04T14:17:17","date_gmt":"2011-12-04T06:17:17","guid":{"rendered":"http:\/\/www.nbc.com.my\/blog\/?p=1921"},"modified":"2012-03-10T00:28:14","modified_gmt":"2012-03-09T16:28:14","slug":"a-person-declared-as-bankrupt-cannot-be-a-company-director","status":"publish","type":"post","link":"https:\/\/www.nbc.com.my\/blog\/a-person-declared-as-bankrupt-cannot-be-a-company-director\/","title":{"rendered":"A person declared as bankrupt cannot be a company director"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" style=\"margin: 0px 5px 0px 0px; display: inline; float: left;\" src=\"http:\/\/www.nbc.com.my\/images\/ssm_logo.gif\" alt=\"\" width=\"196\" height=\"67\" align=\"left\" \/><\/p>\n<p align=\"left\"><strong>PRESS RELEASE BY SSM<\/strong><\/p>\n<p align=\"left\"><strong><\/strong>SSM charges a director under Section 125 (1) and Section 364(1) of the Companies Act 1965.<\/p>\n<p align=\"left\">On 1 December 2011, Othman Bin Mahmood, director of Dom Industries (M) Sdn Bhd was charged by Suruhanjaya Syarikat Malaysia (SSM) at the Sessions Court of Kuala Lumpur for committing 2 offences under the Companies Act (CA) 1965 namely under section 125(1) and 364(2).\u00a0<!--more--><\/p>\n<p>He was charged under section 125(1) of the Companies Act for acting as a director of Dom Industries (M) Sdn Bhd between 01 March 2007 and 21 January 2008 whilst still an undischarged bankrupt. The offence carries a penalty of imprisonment for a term not exceeding 5 years or a maximum fine of RM100, 000 or both.<\/p>\n<p>He was also charged for an offence under section 364(2) of the CA 1965 for making and submitting a false declaration in the Form 48A. <span style=\"text-decoration: underline;\">He had falsely declared that he was not an undischarged bankrupt despite the fact that at the material time, he was an undischarged bankrupt<\/span>. If convicted, he may be sentenced to a maximum of 10 years imprisonment or a maximum fine of RM250, 000 or both.<\/p>\n<p>Othman Bin Mahmood pleaded not guilty to both of the charges. The Sessions Court Judge, Tuan Zulhazmi Bin Abdullah released him on a bail sum of RM 20,000 with one surety. The case is now fixed for mention on 30 December 2011.<\/p>\n<p>ISSUED BY : SURUHANJAYA SYARIKAT MALAYSIA (SSM)<br \/>\nDATED : 1 DECEMBER 2011<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PRESS RELEASE BY SSM SSM charges a director under Section 125 (1) and Section 364(1) of the Companies Act 1965. On 1 December 2011, Othman Bin Mahmood, director of Dom Industries (M) Sdn Bhd was charged by Suruhanjaya Syarikat Malaysia (SSM) at the Sessions Court of Kuala Lumpur for committing 2 offences under the Companies [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[89],"tags":[49,11],"class_list":["post-1921","post","type-post","status-publish","format-standard","hentry","category-ssm-company-registration","tag-company-registration-malaysia","tag-ssm"],"_links":{"self":[{"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/posts\/1921"}],"collection":[{"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/comments?post=1921"}],"version-history":[{"count":0,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/posts\/1921\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/media?parent=1921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/categories?post=1921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/tags?post=1921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}