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.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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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, Behrang
Spare Parts Sdn Bhd ("Behrang"), Kalumpang Sdn Bhd (Kalumpang') and Matang Motor
Sda 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.
Transcribed Image Text: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, Behrang Spare Parts Sdn Bhd ("Behrang"), Kalumpang Sdn Bhd (Kalumpang') and Matang Motor Sda 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.
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