(English) RESIGNATION OF COMPANY DIRECTOR under CA2016: Manual + Flowchart + Procedure + Samples & Templates + Checklist by Mah Li Chen (MAICSA Chartered Secretary)

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Everything you need to know about Resignation of Company Director under CA2016: Manual + Flowchart + Procedure + Samples & Templates + Checklist

Upcoming webinar: 22 October 2021, Friday

Title: Resignation of Company Director under CA2016: Manual + Flowchart + Procedure + Samples & Templates + Checklist

Subtitle: Ordinary Director, Nominee Director, Alternate Director & Substitute Director

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Webinar Outline

1. Common Reasons for Resignation
2. Introduction
   1. Section 202(1) - Named Directors and Subsequent Directors
   2. Section 208(1) - Vacation of Office Director
3. Requirement of the minimum number of company directors
   1. Section 196 (1),(2),(3), and (4)
   2. Hoh Kiang Ngan & Ors v Hoh Han Keyet [2013] 4 MLJ 199
   3. Section 209 (1) and (2)
   4. What are solutions for director if his/her resignation is ineffective due to inability to meet requirements of CA2016
      1. Section 439 & 550
4. Resignation
   1. Section 208(2) and (3) - Vacation of office of director
   2. Tan Kei Vin & 2 Ors v Feed Me Love Sdn Bhd & 2 Ors [2019] MLRHU 1034
   3. Wong Kok Meng v Preserver Bina Sdn Bhd [2019] MLRHU 1292
   4. Registration
      1. Section 57(4) and (6) - Update in the Company Register
      2. Section 58(1)(c) and (4) - Update with the Registrar (SSM)
      3. Practice Directive No. 4/2018 - Late Lodgment Penalty
5. Fiduciary Liability
   1. CTI Leather Sdn Bhd v Hoe Joo @ Khoo Hock Tat [2011] 8 MLJ 521
   2. Soon Seng Palm Oil Mill v Jang Kim Luang [2011] MLJU 101
   3. CMS Dolphin Ltd v Simonet [2001] EWHC Ch 415
6. Statutory Liability
   1. Sundai (M) Sdn Bhd v Masato Saito & Ors [2013] 9 MLJ 729
   2. Yap Ke Huat and Others v Pembangunan Warisan Murni Sejahtera Sdn Bhd and Anor [2008] MLJU 12
7. Effect of Resignation
8. Different types of directors - Ordinary, Nominee, Alternate and Substitute Director
9. Detail Explanation on
   
   • Interactive Checklist of Resignation of Directors
   • Sample & Templates
     
     • Form S58 - Notification of particulars changes of directors
     • Resignation Letter of Company Director
   • “Hoh Kiang Ngan case” - What are the 5 tests to Determine 'Residency in Malaysia' -
     
   • “Afandi case”
     
     • Clear wordings for letter of resignation
       
     • Cases: Tan Kin Vei (2019) & Wong Kok Meng (2019)
       
     • S58 : filed and ask for a copy for his own record
       
     • Set up Company with competing business before his resignation ?
       
     • Name too similar GABS v GABSSB
10. Practical Questions
11. Questions
    • An employee who was forced to be only local director now wishes to resign. How ?
    • Is soft copy resignation valid?
    • Can the company constitution requires the Board’s approval for a resignation?
    • Can the last local director resign?
    • Can the remaining directors reject a resignation?
    • End of a director’s tenure
    • How if all directors send letters of resignation?
12. Interactive Q & A Session

They started Resignation of Director Project since 26 July 2021. Thanks to their hard work & dedication to go through tedious review & amendment sessions. Finally after 3 months of grilling, our webinar production is launched