winding up

Winding Up a Company in 2021

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New Update: On March 2021, our Prime Minister has officially announced that the statutory demand threshold for winding-up petitions will be permanently kept at RM50,000! In this article, we will explain the basic legal concept of winding up, and the New Measures taken by our government to modify our existing winding-up laws, and what you … Read more

5 Common Questions on Debt Recovery

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1. What are the steps to recover my debt? First, it is advisable that you send a Letter of Demand (“LOD”) to the debtor. It is a letter which formally demands the debtor to pay the amount of money which is owed, and also put the debtor on notice that legal action may be taken against them. … Read more