Question
Jenny is the promoter to help company Ritz Sdn Bhd to get registered. In the process of registration of the company, she purchased a piece
Jenny is the promoter to help company Ritz Sdn Bhd to get registered. In the process of registration of the company, she purchased a piece of land for RM550K. Then, they incorporated a company and sold the land for RM1 million through a nominee. The company's constitution stated that before the company gets incorporated, there are not allowed to do any transaction.
Brandon, a prototype design of the company Ritz Sdn Bhd, made a rough prototype for a suite of furniture to show how it would look when produced.Jennycopiedthe prototype and selling the copy to other companies.
Advise Ritz Sdn Bhd.
Introduction
Legal issues
Body
Conclusion
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