Hujan di Kala Semangat Datang

malam ni, dengan semangat gigih aku pulang ke kolej sbb malam ni nk wt discussion utk juris presentation on dis wednesday... namun alangkah sedihnya aku, sehingga saat aku menulis entry ni, aku masih di bilik keseorangan bertemankan hujan malam yg mungkin tidak akan berhenti redanya... terkadang aku terfikir sungguh benar segala apa yg dirancang itu berlaku atas kehendakNya jua... dan atas sebab hikmah ini, biarpun semangat datang di  kala hujan ini menitis jatuh ke bumi, aku tetap bersemangat...

owh tuhanku, bantulah aku menghadapi segala payah jerih hidup ini... atas kehendakmu segala yg berlaku... maka moga hiduplah aku dlm redhamu selalu di bawah payung keredhaanMu... berilah aku keberkatan hidup, moga aku senang menghadapi segalanya... sungguh benar, terkadang aku juga lupa yang aku insan kerdil di dunia ciptaan karya agungMu ini, ya Allah ya Tuhanku...

Kerasnya Batu Kepala

jangan kamu coba untuk mengubah apa adanya
lantaran seadanya itu adalah apa yang mampu kamu ada
aku juga bukan siapa-siapa yang bisa mengatakannya
namun aku masih lagi mencoba

kalian bukan berdiri pada sama arasnya
duduk juga bukan pada sama tahapnya
namun kalian jangan pernah lupa
peradaban dulu pernah musnah

jangan kalian pernah menduga
sungguh semua telahan itu sia-sia saja
aku bukanlah kamu
dan kamu bukanlah aku

LAW 604 – WEDNESDAY, 07/07/2010 (WEEK 1)

INTRODUCTION

 

TEXTBOOKS & REFERENCES

1. Dr. Rizal Salim, Malaysian Law of Partnership.

2. Samsar Kamar Hj. Ab.Latif, Partnership Law in Malaysia.

3. Evaray, E. R. H. Underhill Principles of the Law of Partnership.

4. Chan & Koh, Company Law in Malaysia.

5. K. Arjunan, Company Law in Malaysia.

 

STATUTES

1. Partnership Act 1961

2. Companies Act 1965

3. Capital Markets & Services Act 2007

 

PARTNERSHIP BASIS

1. Partnership = Firm

    a. relationship with 3^rd party outsider. (sec 7, 8, 9, 10, 11, 12, 13, 14)

    b. existence of partnership. (sec 3 & sec 4)

    c. dissolution of partnership. (sec 34 – 38)

    d. partnership property. (sec 22 & sec 23)

    e. retirement of partnership. (sec 16, 19, 38)

    f. partnership relationship between partner inter-se. (sec 26, 30, 31, 32)

 

DIFFERENCES BETWEEN PARTNERSHIP & COMPANY IN MALAYSIA

 

PARTICULAR	PARTNERSHIP	COMPANY
1. CONSTITUTION/ PERSONALITY	- sec 3(1) PA 1961 - A + B + C = samepersons - firm = partners - Partnership = same legal entity	- consists of director, auditor, shareholders, employers, managers, secretary, promoters. -company = separate legal entity
2. PROPERTY	- firm property not belong to partners	Belongs to company not the shareholders
3. SUING & BEING SUED	SUING: X v. Firm X v. A + B + C BEING SUED: Firm v. X A + B + C v. X	SUING: X v. Company X v. Directors X v. Auditors X v. Shareholders Company v. Director BEING SUED: Vice versa * PROPER PLAINTIFF RULE (foss v harbottle) * Two types: 1. Company derivative action - shareholders (company capacity) v. Director 2. Sack the director by shareholders (takes time) - shareholders held General Meeting to appoint new director to instigate an action to sue the previous director
4. TAX	- firm pay tax - partners pay individual tax (personal income tax ie subject to profit)	- corporate tax
5. SUCCESSION & BIRTH	SUCCESSION: - firm dissolved automatically BIRTH: - when sec 3(1) is satisfied - partnership can exist without partnership agreement	SUCCESSION: Company not die but CEASE TO EXIST when its name is struck off from the list of Register belonging to SSM/ ROC – registrar of copies BIRTH: When get the certificate of incorporated from SSM with date of registration
6. RULES & REGULATIONS: memorandum & article of association (M & A)	- according to partnership agreement - partnership Act - if partnership Act is silent, use case law	- M = constitution - A = articleof association
7. CHARACTERS	- sensitive = easy to dissolve	- durable
8. EXEECUTION – signing of document	- every partners have to sign - depends on partnership agreement	- by way of affixation common seal witnessed by 2 directors
9. AGE LIMIT	- minors are legitimate partners - minor is not personally liable but can incur liabilities for firm	- no age limit to be shareholder - director must < 70 years old - if more than 70, must get consent from board of directors.

1st day for 1st week of 5th sem

ape yg aku dpt arini:-
a) nk jumpe sume kwn2 sem lps tp ade yg x dtg... mood: x best
b) masuk international law, pn rasyikah ajar... mood: suke tp takot (* die sdg pregnant)
c) g library cari reference books 510, dpt 4 buah... mood: suke tp keliru
d) g mkn nasi ayam kt perindu cafe... mood: kenyang tp tertanya2 (* nape nasi die dh skit?)
e) masuk insolvency, pn atifah ajar... mood: x brape suke (*rase serik)
f) abes study schedule aku utk arini... mood: okla tp pening pulak td

** sume kwn, slmt study utk semester baru ni... ape yg pnting: KERJASAMA!