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ASSIGNMENT 2

(GROUPING SUBMISSION)
NAME & STUDENT ID
1. SUBBENTHRAAN RAMAMOORTHE (012019072245)

2. SHAWN POO BALAN (012019071905)

3. SHUBASHINI RAJAN (012019070853)

4. GOKULAN MAHESWARAN (012019071571)

5. RISHIKA SUPRAMANIAM (012019071031)

SUBJECT PARTNERSHIP & COMPANY LAW

CODE ALW10203

PROGRAMME DIA / DFN

GROUP 6

QUESTION (CHAPTER 3
& TOPIC)

SUBMISSION DATE &


TIME 5THAUGUST 2021 (THURSDAY) @ 4PM-6PM @ GC & e-Klas.

LECTURER MDM NADIA NABILA MOHD SAUFI

INSTRUCTIONS:
a. This is a GROUPING assignment.
b. Please submit the assignment ATTACHED with the cover page, assessment rubric, assignment
instructions, table of contents and list of references referred to for the completion of this
assignment.
c. Submission must be made in the form of written assignment (HARD COPY) and CD / Pendrive
submission (SOFTCOPY).
d. Presentation video must be uploaded on Google Drive before the presentation.
e. Google Drive link address to be paste here:
Group 6: Chapter3(Company law).mp4 - Google Drive
https://drive.google.com/file/d/1zE3Cln24OqpNFOMsoTNSFn4wLs7C3SjJ/view?usp=drivesdk
f. Please DO NOT BIND the submission booklet. Only stapled submissions will be accepted.
g. This page cover must be printed on a PINK paper.
h. Late submission will NOT be tolerated.
1. SUBBENTHRAAN RAMAMOORTHE (012019072245)

2. SHAWN POO BALAN (012019071905)

3. SHUBASHINI RAJAN (012019070853)

4. GOKULAN MAHESWARAN (012019071571)

5. RISHIKA SUPRAMANIAM (012019071031)


ASSIGNMENT 2
(GROUPING ASSIGNMENT) INSTRUCTIONS:
The marks are accumulated to 30%

Students are required to prepare and submit TWO (2) items for this assignment, namely;

i.Power-Point Slides, &


(100 marks)

ii. Virtual Video Presentation (Recorded),


For Virtual Video Presentation; due to the extension of Restricted Movement Order
(RMO), students are required to record the Power-Point Slides presentation.
Students are allowed to choose and use either one of the applications below:
a. Power-Point Record & Export
b. Zoom Meetings Recording

Samples of videos and tutorials to this video creation has been attached in the
WhatsApp Group for your reference and guidance.
(100 marks)

Topics designation is based on a ballot drawn during previous class (tutorials). Team members
of each group has also been assigned along with topic selection during class session.

Guidelines for submission:

a) Date for submission: 5THAUGUST 2021 (THURSDAY) @ LATEST 4PM-6PM @ GC & e-Klas.
b) Requirements:

● Cover page (PINK colour) as per attached as the first page.


● Assessment rubric as per attached on the second page of assignment.
● Assignment instructions must be attached as per third page of the submission.
● Table of Contents must be attached after the assignment instructions.
● The contents of assignment submission shall consist of Power-Point Slides & Virtual
Video Presentation. Power-Point Slides (Hardcopy submissions) needs to be printed;
2 slides per page (double sided), portrait orientation, numbered slides & name of
presenter must be justified on each slide presented.
● Virtual Video Presentation must be exported / attached to Power-Point Slides and must
be submitted together with the Power-Point Slides.
● Contents of the assignment submission Power-Point Slides & Virtual Video
Presentation (on selected topic) must be uploaded to the Google Drive address given
on the cover page (COMPULSORY).
● A copy of submission must be submitted in CD form (Hardcopy submission is
COMPULSORY).
● List of references referred to in order to complete this assignment must be listed in the
final page of assignment submission.
● Use as many tools and references as possible (books, journal articles, conference
proceedings, lecture slides, and etc…). Minimum references are at least 7 different
sources.
● Please ensure the reliability of the sources that you referred to. ● This is a
GROUPING assignment.
** If students face any difficulties in submitting the assignment according to the
stipulated date given, please contact me to arrange for a preferred due-date.

PROGRAM LEARNING OUTCOME(S):


PO1: Practice knowledge of law for purpose of further studies or work; (KNOWLEDGE),
(LO1)

PO2: Use law and business communication skills in order to handle challenging situation;
(PRACTICAL SKILLS), (LO2)

PO3: Identify and solve problems using effective critical thinking skills in order to achieve
practical business decision making; (CRITICAL THINKING & SCIENTIFIC SKILLS),
(LO3)

PO4: Demonstrate effective communication with stakeholders both orally and in writing;
(COMMUNICATION SKILLS), (LO4)

PO5: Work effectively with peers and contribute positively to the community and relevant
stakeholders; (SOCIAL SKILLS, TEAMWORK & RESPONSIBILITY), (LO5)

PO6: Demonstrate ethical and moral values as well as professionalism in daily practice;
(VALUES, ETHICS, MORAL & PROFESSIONALISM), (LO6)

PO7: Work independently as well as an individual to enhance ones’ knowledge to achieve


continuous self-improvement; (INFORMATION MANAGEMENT & LIFE LONG
LEARNING), (LO7)

PO8: Utilize available resources in striving to accomplish desired goals; (MANAGERIAL &
ENTREPRENEURSHIP SKILLS), (LO8)

PO9: Effectively demonstrate leadership responsibility in legal environment; (LEADERSHIP


SKILLS), (LO9)

COURSE LEARNING OUTCOME(S):


CO1: Discuss the rules governing partnership in term of formation, management, legal
relationship, obligations, liabilities and dissolutions.
CO2: Differentiate types of company and various forms of other businesses under the
Companies Act 2016 in Malaysia.

CO3: Analyze the special features of company’s incorporation and the rules relating to
corporate constitutions.

CO4: Examine the rules governing capital, management of company, liquidation and public
listing.
POWER-POINT SLIDES *Names are to be arranged according to the sequence (turn) of presentation*

1. NAME: SUBBENTHRAAN RAMAMOORTHE ID: 012019072245 TOPIC: INTRODUCTION & PTIVATE UNLIMITED
COMPANY SLIDES: 1 TO 3 & 10

2. NAME: SHAWN POO BALAN ID: 012019071905 TOPIC: PUBLIC LIMITED COMPANY SLIDES: 4 TO 5

3. NAME: RISHIKA SUPRAMANIAM ID: 012019071031 TOPIC: PUBLIC UNLIMITED COMPANY SLIDES: 6 TO 7

4. NAME: GOKULAN MAHESWARAN ID: 012019071571 TOPIC: PRIVATE LIMITED COMPANY SLIDES: 8 TO 9

5. NAME: SHUBASHINI RAJAN ID: 012019070853 TOPIC: DIFFERENCES BETWEEN PUBLIC & PRIVATE COMPANY
SLIDES: 11 TO 13

SKILLS POWER-POINT SLIDES CRITERIAS SCORE

0-10 11-20 21-30 31-40


1 2 3 4 5 6

POWERPOINT ● Bare ● Shows a -Shows a solid ● Shows a solid


CONTENTS minimum basic level grasp of most of grasp of all
(40%) of content of the content. - the content
covered. coverage Shows extensions covered.
● No of key of most key ideas. ● Extensions of
extension ideas only. -Considerable the key ideas
of ideas ● Attempts
detail with good show a deep
evident. extension
● content of understanding
Contained of a few ideas. Companies Act of the
no -Needed more
purpose 2016 & other interrelated
on the content relevant statutory nature of the
and very of Companies
little detail provisions. ● content.
Act 2016 & Excellent
on
other relevant content of
Companies
statutory Companies
Act 2016 &
provisions. Act 2016 &
other
relevant other relevant
statutory statutory
provisions. provisions.

SKILLS POWER-POINT SLIDES CRITERIAS SCORE

0-5 6-10 11-15 16-20 1 2 3 4 5 6


STRUCTURE Unclear and - Clear with - Mostly clear, - Very clear,
& FLOW OF disorganized. thesis concise, and well concise, and well
TOPICS Thoughts sentence and organized with organized with
(20%) ramble and 1 supporting good sentence / excellent
make little sentence. paragraph sentence /
sense. There is Thoughts are construction with paragraph
not expressed
three (3) or thesis sentence construction of
in a logical
more spelling, and 2 supporting thesis sentence
manner. There
grammar, or is more than sentences. and a minimum
syntax errors two (2) Thoughts are of 3 supporting
throughout the spelling, expressed in a sentences for
video grammar, or coherent and each thesis
presentation. syntax errors logical manner. sentence.
in the video There is not more Thoughts are
presentation. than one (1) expressed in a
spelling, coherent and
grammar, or logical manner.
syntax errors in There are no
the video spelling,
presentation. grammar, or
syntax errors in
the video
presentation.
SKILLS POWER-POINT SLIDES CRITERIAS SCORE

0-2 3-5 6-8 9-10


1 2 3 4 5 6

KEY WORDS ● Possess ● Keywords ● Key words ● Key words


(10%) only a few are clearly show clearly and
keywords. evident, an dynamically
but either understanding show an
too few or of the understanding
some are content. of the
imprecise. content.

POWERPOINT -Poor. -Less attractive -Acceptable and -Very attractive,


SLIDES Wordings are and not simplified. Easy to wordings are
APPEARANCE too lengthy. simplified. understand. simplified and are
(10%) presented
systematically.
CREATIVITY ● No colors ● The colors ● Some of the ● The slides are
(10%) and/or and/or colors and/or interesting to
images are images are images do not the eye and
used to conflicting, work well uses colors
illustrate and it is together and/or images
the idea. very making parts that work well
difficult to
of the slides together.
read the
difficult to
slides.
read.

DESIGN ● No layout. ● The layout ● Some ideas ● The slides are


(10%) is poor are difficult to well layed
and read, but the out, the font
difficult to overall layout is a good size,
read. is good. and it is easy
to read.
TOTAL: (__/100)
PRESENTATION RUBRICS

LINK ADDRESS TO PRESENTATION VIDEO: Group 6: Chapter3(Company law).mp4 - Google Drive

1. NAME: SUBBENTHRAAN RAMAMOORTHE ID: 012019072245 TOPIC: INTRODUCTION & PRIVATE UNLIMITED
COMPANY

2. NAME: SHAWN POO BALAN ID: 012019071905 TOPIC: PUBLIC LIMITED COMPANY

3. NAME: RISHIKA SUPRAMANIAM ID: 012019071031 TOPIC: PUBLIC UNLIMITED COMPANY

4. NAME: GOKULAN MAHESWARAN ID: 012019071571 TOPIC: PRIVATE LIMITED COMPANY

5. NAME: SHUBASHINI RAJAN ID: 012019070853 TOPIC: DIFFERENCES BETWEEN PUBLIC & PRIVATE COMPANY

SKILLS PRESETATION CRITERIAS SCORE

0-5 6-10 11-15 16-20 1 2 3 4 5 6

INTRODUCTION - The - The - The - The


& CONCLUSION introduction & introduction introduction introduction &
(20%) conclusion & conclusion & conclusion is
does not does not conclusion compelling
orient the create a is clear and and provides
audience to strong sense coherent motivating
what will of what is to and evokes content that
follow. follow. interest in hooks the
the topic. viewer from
the beginning
of the
presentation
and keeps the
audience’s
attention.
POISE - Tension and - Displays - Makes -Students
(20%) nervousness is mild minor display
obvious; has tension; has mistake, relaxed, self-
trouble trouble but quickly confident
recovering recovering recovers nature about
from mistakes. from from them; self, with no
mistakes. displays mistake.
little or no
tension.
EYE CONTACT - No eye - Displayed - Consistent - Holds
(20%) contact with minimal eye use of direct attention of
audience, as contact with eye contact entire
entire report audience, with audience with
is read from while audience, the use of
notes. reading but still direct eye
mostly from contact,
the notes. seldom

returns to looking at
notes. notes.

VOLUME - Volume - Volume - Volume - Volume is


(20%) often too is loud is loud loud enough
soft to be enough to enough to to be heard
heard by all be heard be heard by all
audience by all by all audience
members. audience audience members
members members throughout
at least at least the
80% of 90% of presentation.
the time. the time.
ATTIRE - General - Casual - Casual - Business
(20%) attire not business business attire, very
appropriate attire, but attire. professional
for wore look + MSU
presentation. sneakers student ID
(eg. Jeans, t- or clothes displayed
shirts or seemed throughout
shorts). somewhat presentation
wrinkled.
(lanyard).

Total: (__/100)
CONTENTS.

PUBLIC LIMITED COMPANY

DEFINATION: A public limited company is a voluntary association of members that are incorporated and,
therefore has a separate legal existence and the liability of whose members is limited.Public limited
companies are listed on the stock exchange where it’s share/stocks are traded publicly.

CHARACTERISTICS:

1. A company must have a minimum of seven members but there is no limit as regards the maximum
number.
2. The shares of a company are freely transferable and that too without the prior consent of other
shareholders or subsequent notice to the company.
3. Its formation, working and it’s winding up all its activities are strictly governed by rules, laws, and
regulations.
4. The company collects Its capital by the sale of its shares and those who buy the shares are called the
members. The amount so collected is called the share capital.

ADVANTAGES:

1. Financial Privacy:

Public limited companies are strictly regulated and are required by law to publish their annually. This
ensures that they reveal their true financial position to their owners and potential investors so that they can
determine the true worth of its shares.

2. Large Capital

Public limited companies enjoy an increased ability to raise capital since they can issue shares to the
public through the stock market. They can also raise additional capital by Issuing debentures and bonds
through the same market from the public. Debentures and bonds are unsecured debts Issued to a
company on the strength of its integrity and financial performance.

3. Transferable shares

Shares of a public limited company are bought and sold in a stock exchange market. They are freely
transferable between its members and people trading in the stock exchange.
DISADVANTAGE
1. High Costs

A Public Limited Company is normally a complex thing to start. The firm banker (or
“underwriter”) then offers the initial shares to the public (and keeps a substantial commission). Often, the
costs of setting up a public firm and Initial Public Offering (IPO) can run into hundreds of thousands of
dollars.
2. Greedy Shareholders

Those who buy shares have no particular interest in the firm except in that it makes a quick buck. Most
companies, however, have an interest in laying out a long-term growth plan that takes patience and
planning It is not often many shareholders see it this way.
3. Slow Decisions

If the company is public, it must have a board of directors representing the main and most powerful
stockholders. This means, in turn, that major decisions must go through the board, with debates and
voting. In reality, this entails those decisions will be slow and often painful. Sometimes, they might not be
made at all.

PUBLIC UNLIMITED COMPANY


What is the public unlimited company?

A public unlimited company is an incorporated company where profits and losses pass through to
shareholders, and shareholders or members are responsible for outstanding liabilities in the event of a
liquidation. There are risks and benefits to thus approach in corporation, and companies must consider
their options carefully before making a decision about how to proceed with a planned corporation, and
unlimited company is public, it must annex to its annual return the following
Requirements
Public unlimited company with a share capital unlimited companies are required to have at least two
directors and may have just one member. There is no limit to the number of members an unlimited
company can have. When unlimited company has two or more members, they may not dispense with
holding an AGM
ADVANTAGES

•Shareholders can be employed by the company

•Taxation rates can be more favourable

•Access to a wider capital and skills base


•Easy to transfer ownership by selling shares
DISADVANTAGES

•company can be expensive to establish and maintain

•Financial affairs are public

•Lack of public confident


PRIVATE LIMITED COMPANY

Definition: A private limited company is the most common type of business entity incorporated
Malaysia. In Malaysia a private limited company by shareholding is known as 
Sendirian Berhad (Sdn Bhd) Company ,Unlike a sole proprietorship or partnership, a private limited
company is its own separate legal entity. It can acquire its own assets, go into debt, sue or be sued in its
own name.
Requirements
A minimum 1 member (shareholder) and 1 director (ordinarily reside in Malaysia by having a principal
place of residence in Malaysia) are required. A natural person can be both a director and shareholder,
while a corporate legal entity can only be shareholder.
Advantage
: No Minimum Capital
: Separate Legal Entity
: Limited Liability
: Free & Easy transfer of shares
: Lower Income Tax Rate
Disadvantage
:Restricts the transfer ability of shares by its articles.
: Number of shareholders in any case cannot exceed 50.
: Unable to the issue prospectus to public.
:In stock exchange shares cannot be quoted.

PRIVATE UNLIMITED LAW IN COMPANY


1. An unlimited company or private unlimited company is a hybrid company (corporation) incorporated
with or without a share capital (and similar to its limited company counterpart) but where the legal liability
of the members or shareholders is not limited: that is, its members or shareholders have a joint and
several non-limited obligation to meet any insufficiency in the assets of the company to enable settlement
of any outstanding financial liability in the event of the company's formal liquidation.

2. Private unlimited companies are similar to private limited companies but with a few key differences –
firstly, they generally do not have to file accounts at Companies House so they can keep their trading
information secret, and secondly the liability of the shareholders is unlimited, so if the company is insolvent
or goes into liquidation the shareholders are personally liable to repay creditors.

• The company name (this must be different from any other company already on record, and cannot
contain certain words or be offensive or misleading)

• A memorandum and articles of association (you will need to create these yourself as there are no
standard forms available)
• Details of the shareholders and directors including People with Significant Control. There must be at
least one director and shareholder, although this can be the same person.

DIFFERENCES BETWEEN PUBLIC AND PRIVATE COMPANY

MEANING OWNED AND TRADED


PRIVATELY
OWNED AND TRADED
PUBLICLY ON THE
EXCHANGE MARKET

BERHAD (BHD.) NAME OF COMPANY


SENDIRIAN BERHAD
(SDN.BHD.)

MORE THAN 50 MEMBERS NOT MORE THAN 50

LIMITED BY SHARES
BY SHARES OR
GUARANTEE

NO RESTRICTION THERE IS RESTIRCTIONS


SHARE TRANSFERABILITY

OFFER SHARE RESTRICTED TO PUBLIC


CAN BE OFFERED TO
PUBLIC

CAN INVITE PUBLIC DEPOSIT MONEY PROHIBITED TO PUBLIC

ATLEAST 2 RESIDENT DIRECTORS ONE


COMPULSORY STATUTORY MEETINGS OPTIONAL

YES NO
SECURITIES OFFERINGS
REGISTRATION

REFERENCES:

⚫ https://www.3ecpa.com.my/resources/guide-to-setup-malaysia-business/companies-act-andcompany-
law-in-malaysia/

⚫ https://www.registercompany.com.my/resources/companies-act/company-law-
inmalaysia/#:~:text=A%20company%20must%20have%20a,Act%20as%20in%20common%2
0law.

⚫ https://www.ssm.com.my/bm/acts/a125pdf.pdf

⚫ https://malaysia.acclime.com/formation/private-
limitedcompany/#:~:text=A%20private%20limited%20company%20is,is%20a%20separate%20lega
l%20identity.&text=If%20the%20company%20fails%20to,go%20after%20the%20owners'% 20assets

⚫ https://www.paulhypepage.my/what-is-a-private-limited-company-in-malaysia/

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