SSM has now increased the definition of a company’s “inability to pay” from RM10,000 to RM50,000 until December 31.
“The period to answer the notice of claims by a company has also been lengthened to six months, compared to the previous 21 days, ” he said in a statement on Friday . The campaign, called the “2020 Compliance Campaign of the Companies Act 2016”, will be extended until June 30 this year.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: