Munir has been appointed as a non-executive director director in Syarikat Mualim Sdn Bhd ("the company"). Other Mualim's directors have now discovered that Robert has previously been an executive director of three public listed companies, Bebrang Spare Parts Sdn Bhd ("Behrang"), Kalumpang Sdn Bhd (Kalumpang') and Matang Motor Sdn Bhd ("Matang"). Behrang and Matang went into an insolvent liquidation two years ago, while Kalumpang, was wound up six months ago. Discuss whether there are any grounds on which the Registrar may disqualify Munir from acting as a non-executive director.
Munir has been appointed as a non-executive director director in Syarikat Mualim Sdn Bhd ("the company"). Other Mualim's directors have now discovered that Robert has previously been an executive director of three public listed companies, Bebrang Spare Parts Sdn Bhd ("Behrang"), Kalumpang Sdn Bhd (Kalumpang') and Matang Motor Sdn Bhd ("Matang"). Behrang and Matang went into an insolvent liquidation two years ago, while Kalumpang, was wound up six months ago. Discuss whether there are any grounds on which the Registrar may disqualify Munir from acting as a non-executive director.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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