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LAW 2053 Introduction To Partnership & Company Law SESSION 2/2021
LAW 2053 Introduction To Partnership & Company Law SESSION 2/2021
LAW 2053
INTRODUCTION TO PARTNERSHIP & COMPANY LAW
SESSION 2/2021
ONLINE ASSIGNMENT
KOLEJ PROFESIONAL MARA
SESSION 2/2021
TASK MARKS
Instructions:
FULL
QUESTION NUMBER MARKS
MARKS
QUESTION ONE 15
QUESTION TWO 15
Total Marks 30
STUDENT’S NAME :
ID NUMBER :
CLASS :
QUESTION
Ahmad incorporates Sejahtera Enterprise which deals with a construction business. While
he incorporates the company, he entered into a contract in purchasing a building for RM
100,000 from Mr. Chan which later both of them conspired to sell the building to Sejahtera
Enterprise for RM 200,000. They agreed that Ahmad could keep RM 50,000 from the
profits if they were able to sell it to the company.
Eventually after the incorporation of the company, Fatimah and Siti become the directors
of the company and they found out about the building. They tried to terminate the
contract. On the other hand, Ahmad stated that he is no longer part of the company
therefore the company cannot take legal action against him.
While trying to solve the problem, Fatimah and Siti met with a fatal accident where both
died at the scene. The problem is they are the only members of the company. Due to
death of Siti and Fatimah, Ahmad argued that the company will be wound up as there is
no longer members in the company. The company also cannot take actions against Ahmad
as the company is consider as winding up.
II. Discuss whether company will be automatically wind up after the death of all
members of the company and whether the company still could take actions against
Ahmad.
(15 marks)
[TOTAL: 30 MARKS]
END OF QUESTIONS