Corporate Liability In Malaysia by Wan Azlan Ahmad, Mohsin Hingun | 2023

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Corporate Liability In Malaysia by Wan Azlan Ahmad, Mohsin Hingun | 2023

Author Wan Azlan Ahmad,Mohsin Hingun
Publication Date Jun 2023
ISBN 9786297527123
Format Hardcover + Ebook
Publisher Sweet & Maxwell

 

The responsibility of businesses is discussed in this book under various circumstances. The corporate vehicle is utilised in many different commercial disciplines, and the corporation, its directors, and executives might be held accountable for a variety of legal violations.

This book, which is comprehensive in its content and offers much-needed guidance on corporate liability following the adoption of section 17A of the Malaysian Anti-Corruption Commission Act in June 2020, also addresses the responsibility of businesses for the actions of its owners and executives who misuse the corporate vehicle. This is related to the current top issue over determining beneficial ownership of corporations, which will be legally covered in light of forthcoming Companies Act 2016 revisions.
 
The notion of independent legal personality is examined in the book, as well as the culpability of corporations in a variety of legal contexts, including contract, tort, criminal, securities, banking, environmental, and occupational safety and health legislation. The laws governing how businesses are held accountable for the illegal misdeeds of their directors, workers, and agents are carefully examined.

The book offers advice on preventative actions businesses may take, such as the "adequate procedures" outlined in section 17A of the Malaysian Anti-Corruption Commission Act. It also examines potential defences used by businesses and their personnel. The potential penalties that can be applied to businesses for violating corporate responsibility are taken into account.
 
Company directors, company secretaries, business owners, attorneys, judges, lawmakers, and regulators should all warmly welcome this book.
 
Key Features of Corporate Liability In Malaysia | 2023 :
  • Comprehensive book on the law regarding corporate liability in Malaysia.
  • Written in clear and simple language.
  • examines the idea of distinct legal personality as well as corporate accountability in a many of contexts, including contract, tort, criminal, securities, banking, environmental, and occupational safety and health law. 
  • After the passage of Section 17A of the Malaysian Anti-Corruption Commission Act, corporation responsibility has become a highly pressing issue.
  • Considers corporate liability for the misuse of the corporate vehicle for the commission of crimes like money laundering, corruption and terrorism financing.
  • examines the best practises for monitoring a company's beneficial ownership, which will be required by a future modification to the Companies Act 2016.
  • Considers penalties which may be imposed and defences which may be relied on by companies. 

Table Of Contents Corporate Liability In Malaysia | 2023 :

  1. Introduction
  2. Corporate Personality and Piercing the Corporate Veil
  3. Corporate Liability in Civil Law and in Tort
  4. Corporate Liability in Contract and in Equity
  5. Corporate Criminal Liability
  6. Anti-Corruption and Anti-Money Laundering Law
  7. Consumer Law
  8. Securities Law
  9. Banking Law
  10. Environmental Law
  11. Occupational Safety and Health and Employees’ General Welfare
  12. Misuse of Corporate Vehicle and Beneficial Ownership of Companies
About the Authors of Corporate Liability In Malaysia
 
Starting his teaching career in the Faculty of Law at the International Islamic University Malaysia in Kuala Lumpur, Wan Azlan Ahmad LLB (Hons), MSc, CLP. He spent 20 years as a law professor before moving on to work for five years in the corporate world. An Introduction to Administrative Law, Principles of Malaysian Tort Law, Administrative Law in Malaysia (1st edn, 2006), Equity and Trusts in Malaysia (1st edn, 2005), Malaysian Tort Law, Principles of Professional Liability in Malaysia, Administrative Law in Malaysia (2nd edn, 2021), and Legal Aspects of Fiduciary Duties in Malaysia (2022) are among his works. He worked as the Advisory Editor for the Judicial Review Handbook and the Contributing Editor for the Halsbury's Laws of Malaysia publications on Tort and Administrative Law.

The International Islamic University Malaysia's Faculty of Law now employs Mohsin Hingun LLB (Hons), LLM, PhD, of Lincoln's Inn, Barrister, as an associate professor. This institution is located in Kuala Lumpur. He joined IIUM in 1987, worked there until 2000, and then returned in 2008. He worked as a Senior Lecturer and then an Associate Professor at the University of Mauritius between his stints at IIUM, where he also served as the department's Head of Law. He co-authored several books including An Introduction to Administrative Law, Principles of Tort Law in Malaysia, Malaysian Tort Law, Principles of Professional Liability in Malaysia, Equity and Trusts in Malaysia (2nd edn, 2013), Administrative Law in Malaysia (2nd edn, 2021), and Legal Aspects of Fiduciary Duties in Malaysia. He formerly held the positions of Head of IIUM's Private Law Department and Editor of the IIUM Law Journal.
 

The Malayan Law Journal, Current Law Journal, British Tax Review, International Construction Law Review, IIUM Law Journal, and Journal of Applied Sciences Research are just a few of the journals where Wan Azlan and Mohsin have both individually and jointly published numerous articles.

Find more books like Corporate Liability In Malaysia | 2023: COMPANY LAW AND CORPORATE LAW

ISBN: 9786297527123
 
 

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