Legal Updates on the Solar Energy Industry in Malaysia
Introduction In an effort to pave the way towards a more sustainable and green future, the Government of Malaysia (“Government”) in 2018 announced a target for the country to increase renewable energy in its energy generation mix to twenty percent (20%) by the year 2025. In carrying out this agenda, one of the key renewable …
Continue reading “Legal Updates on the Solar Energy Industry in Malaysia”
COVID-19: Frustration of Contract?
The coronavirus disease, COVID-19, has taken the world by storm when the outbreak was first discovered in December 2019. In roughly 4 months, COVID-19 has affected almost all countries and territories in the world including Malaysia which is now under a Restriction of Movement Order (“RMO”) until 14 April 2020, following the recent spike in …
Court frowns upon suppression of material facts
Questsfor personal gains have become so intense that those involved in litigation donot hesitate to take shelter of falsehood and misrepresent and suppress factsin the court proceedings. Materialism, opportunism and malicious intent haveovershadowed the old ethos of litigative values for small gains.
COVID-19 Lockdown: Legal Perspectives for Development Projects
At the time of writing, Malaysia is entering the second phase of lockdown due to the widespread pandemic of COVID-19. Embattled Malaysian Prime Minister Tan Sri Muhyiddin Yasin announced the Restricted Movement Order from 18 March 2020 until 14 April 2020 (“COVID-19 Lockdown Order”). It may be further extended too.
Brexit and its Impact on your EU trademarks
The United Kingdom’s (‘UK’) decision to leave the EU in July 2016 has left not only a political challenge for diplomats, but also a legislative one, raising doubts and uncertainty regarding the effects of the post-transition period in the legal sphere.
Companies and Branches within the scope of the Foreign Direct Investment Law are Required to Obtain a registered electronic mail (“KEP“) account
Several amendments were introduced on the Implementation Regulation on Direct Foreign Investments Law (the “Regulation”) on 16 October 2020. The companies and branches within the scope of the Law on Direct Foreign Investments (the “Law”) are now required to obtain a registered electronic mail (“KEP“) account. Accordingly, notifications and applications made through Electronic Information System …
Amendments to the Shareholders’ Meeting Procedures of Joint Stock Companies
Significant changes to shareholders’ meeting procedures and principles on the attendance of a representative of Ministry of Trade have been introduced.
Amendments to the Financial Reporting of Investment Funds
Capital Markets Board of Turkey (“CMB“) has published the Communiqué Amending the Principles Regarding Principles on Financial Reporting on Investment Funds (“Amendment Communiqué“), in the Official Gazette dated 9 October 2020 and entered into force on the same date. Changes introduced by the Amendment Communiqué can be summarized as follows:
Company Dissolution in Thailand
Dissolution is the process of de-registering a company from the company registry at the Department of Business Development (“DBD”). When considering the life cycle of a business operation, the voluntary dissolution by the shareholders appears to be the usual way to end the company’s operations. There are several circumstances that will lead companies to the …
Additional Six Months has been granted to Benefit from the Renewable Energy Resources Support Mechanism
Commissioning deadline for production facilities to able to benefit from the Renewable Energy Resources Support Mechanism (“YEKDEM”) has been extended to 30 June 2021, with the annex decree of the Presidential Decree dated 17 September 2020 and numbered 2949 has been published in the Official Gazette dated 18 September 2020 and numbered 31248.