Company Law

Malaysian Law on Partnership, 2nd Edition

By Mohammad Rizal Salim
Sweet & Maxwell Malaysia November 2010

Specifications

ISBN-13
9789675040603
Publisher
Sweet & Maxwell Malaysia
Publication
November 2010
Format
Hardback , 385 pages
Jurisdiction
Malaysia ? Countri(es) for reference only

Details

With the company seen as the business vehicle of choice for many, it is easy to forget that the partnership still appeals to many entrepreneurs. A partnership is less formal, less regulated and less cumbersome a business structure compared to the company and, in certain circumstances, serves the needs of entrepreneurs better. Professionals such as lawyers, accountants, doctors, engineers and surveyors continue to employ it as the main organisation structure to conduct business.
 
Malaysian Law on Partnership serves as a guide for legal practitioners and other professionals looking for a quick and competent account of the relevant law. Written in a simple and concise manner, the text incorporates important local and foreign court decisions which have influenced the law currently existing in Malaysia. Understanding of the basic legal principles is enhanced by the case extracts included at the end of the chapters. Also covered in this book are some aspects of the laws relating to joint ventures where it relates to partnerships, especially fiduciary duties of joint venturers.
 
This second edition includes a new Chapter 6 on Labuan Limited Partnerships and Labuan Limited Liability Partnerships (the Labuan Limited Partnerships and Limited Liability Partnerships Act 2010 (Act 707) came into force on February 11, 2010).
 
Readership
Legal and corporate practitioners

Table of Contents

  • Introduction
  • Identification and Formation of Partnerships
  • Partners’ Relations with Each Other
  • Relations of Partners with Persons Dealing with Them
  • Dissolution of Partnership
  • Labuan Limited Partnerships and Labuan Limited Liability Partnerships

About the Author

Mohammad Rizal Salimis Associate Professor of Law at Nottingham University Business School, The University of Nottingham Malaysia campus. He graduated from the University of Malaya with Bachelor of Laws (LL.B) (Hons) in 1992, and went on to obtain Master of Laws from the University of Melbourne, Australia in 1996, and Doctor of Philosophy (Ph.D) from Lancaster University, United Kingdom in 2006. He was called to the Malaysian Bar as an Advocate & Solicitor of the High Court of Malaya in 1993. He was awarded the 2007 Global Jurist Gold Medal by the University International College of Turin for his article “The Law in a Post-Colonial State: The Shareholders’ Oppression Remedy in Malaysia”, published in theFrontiers tier of Global Jurist.

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