Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

!!!! ANSWER IN PROBLEMATIC QUESTION ILAC !!! (Issue Law Application conclusion ) b)Nita has been working in RH Sdn. Bhd for 10 years as Marketing

!!!! ANSWER IN PROBLEMATIC QUESTION ILAC !!! (Issue Law Application conclusion )

b)Nita has been working in RH Sdn. Bhd for 10 years as Marketing Executive in the company. Recently, her husband Aaron told her that RH Sdn. Bhd wanted to appoint him as their company's auditor. Aaron informed her that her wife is the officer in the company but the company is still insisting to appoint him as their auditor.

Advise Aaron whether he is qualified to be appointed as an auditor in RH Sdn. Bhd?(10 marks)

Write your answer below:( PROBLEMATIC QUESTION)

a)Ali, Ah Hock and Gopal are best friends. One day, Ah Hock made a promise to pay Gopal RM 500.00 if Ali repairs his house. Ali repairs Ah Hock's house. Unfortunately, Ah Hock fails to pay Gopal RM 500.00

Discuss whether Gopal can sue Ah Hock for the amount RM 500.00?(10 marks)

Write your answer below:( PROBLEMATIC QUESTION)

a)Beta Sdn. Bhd was a progitable company in Johor Bharu. They supplied various textilesfor clothingproduction. However, early April 2020, the company started to suffer major losses due to the Movement Control Order. CIBB Bank is one of their major creditors. The company made a loan of up to RM 750,000.00 from the bank in 2018. Starting from June 2020, the company failed to pay their monthly payment to CIBBBank until today. CIBB Bank has sent few demand notices to the company but the company failed to do so. Therefore, CIBB intends to wind up the company by applying a compulsory winding up in the court.

By referring to Companies Act 2016, advise CIBBBank whether they have the right and ground to apply compulsory wind up in court for Beta Sdn. Bhd?

(15 marks)

Write your answer below:( PROBLEMATIC QUESTION)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Equity And Trusts Text Cases And Materials

Authors: Paul S. Davies, Graham Virgo

3rd Edition

0198821832, 978-0198821830

More Books

Students also viewed these Law questions

Question

6. What information processes operate in communication situations?

Answered: 1 week ago

Question

3. How can we use information and communication to generate trust?

Answered: 1 week ago