Reinstatement (Conversion) of Title from Leasehold to Freehold

In Malaysia, land tenure generally falls into two categories: leasehold and freehold. While most property owners are familiar with the extension of leasehold tenure, fewer are aware that under certain circumstances, it may be possible to reinstate (convert) a leasehold title to freehold status. Leasehold Title A leasehold property is granted for a fixed period, […]

Directors’ Fiduciary Duties and Liabilities

Company directors play a crucial role in corporate governance, ensuring ethical business practices and legal compliance. In Malaysia, directors owe fiduciary duties to act in the best interests of the company. A breach of these duties can result in serious legal consequences, including fines, imprisonment, and civil lawsuits. The Companies Act 2016 (CA 2016) serves […]

Fraudulent Misrepresentation

Introduction Fraudulent misrepresentation occurs when a party knowingly makes a false statement with the intent to deceive another party, causing them to suffer financial loss. This is a serious legal matter that can lead to claims for damages and, in some cases, personal liability for directors. Understanding Fraudulent Misrepresentation Under Malaysian contract and tort law, […]

Friendly Loan in Malaysia: What You Need to Know

Introduction In Malaysia, the concept of a “friendly loan” refers to informal financial arrangements between individuals, often involving friends or family members. While these loans are usually based on trust and goodwill, disputes can arise when repayment does not occur as expected. Can Friendly Loans Be Recovered? Yes, friendly loans can be recovered, but the […]