The Companies Act 2016 was passed by Parliament in May 2016, received Royal Assent on 31 August 2016, and subsequently gazetted on 15 September 2016. Definition of “Government company”. The provisions set out in the Third Schedule to the Companies Act 2016 shall not apply to 1169 (l)/2017 dated November 7th, 2017 and S.R.O 1092(I)/2018 dated September 3rd, 2017) Classification of Companies S.No. Passing a resolution of board – paragraphs 9-12 of the Third Schedule of the Companies Act 2016. The Twelfth Schedule deals with “Rules with respect to the Winding Up of Companies” and is incorporated in the Act as the SECOND SCHEDULE. THIRD SCHEDULE FOURTH SCHEDULE Repealed; ... [Act 36 of 2014 wef 03/01/2016] (4A) Subject to subsection (5), unless the constitution otherwise provides, a director of a company may resign by giving the company a notice in writing of his resignation. Question 7. Applicable Accounting Relevant Schedule Framework of Companies Act Classification Criteria of Company 1. Public Interest Company (PIC) The liability of the Members is limited. (b) Passing a resolution of board – paragraphs 9 – 12 of the Third Schedule of the Companies Act 2016. Similarly, any amendment/alteration to the constitution must also be lodged. ... section 50 or 54 of the Banking Act (Cap. Government Notice No. 3/1998 PART V WINDING-UP DIVISION A SECTION Amendment of the Companies Act (Transfer of Audit Working Papers to Third Countries) Regulations 2010. (Exemption from Liability) Regulations 2016. SCHEDULE 1 The Schedule III to the Companies Act, 2013 (2013 Act) provides general instructions for preparation of the balance sheet and the statement of profit and loss of a company. If a company opted to adopt a constitution, does the constitution need to be lodged If a company opted to adopt a constitution, does the constitution need to be lodged. 347. Accounts and audit. 5. Amendment to the Companies (Bodies Concerned with Auditing Standards etc.) APPLICATION OF ACT TO GOVERNMENT COMPANIES 344. 89:01 19 L.R.O. Power to modify Act in relation to Government companies. ARRANGEMENT OF ACT Articles Short title 1 ... Third Schedule Additional Provisions Applicable to the Annual Financial Accounts of Section 21 of the Act, subject always that the business or activity is approved or not otherwise objected to by Bank Negara Malaysia or other applicable authorities. Answer: Yes, the constitution must be lodged with the Registrar. 3 of 2016 THE COMPANIES ACT Regulations made by the Minister under sections 355 and 360 of the Companies Act 1. Signature. 4. The . 23. Annual report on Government company. The Thirteenth Schedule deals with “Rules in regards to Certified Copies, etc., required under the Act and as to General Forms” and is incorporated in the Act as the THIRD SCHEDULE). These regulations may be cited as the Companies (Payment of ... 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