Divorced Dad could be charged for contempt of court for refusing to pay maintenance for children

PETALING JAYA: Family law practitioners say aggrieved ex-wives can seek leave from courts to start contempt proceedings against their ex-husbands who fail to pay for maintenance of the children until they have completed their tertiary studies. Lawyer Sharmila Sekaran said this applies to any situation where a court grants an order and that person does …

Exemption of Real Property Gains Tax Effective from 01.01.2019

KUALA LUMPUR (Bernama): The government has agreed to exempt the real property gains tax (RPGT) to individual Malaysian citizens who dispose of their properties at a consideration price of RM200,000 and below. According to a statement by Finance Minister Lim Guan Eng, the RPGT exemption, effective from Jan 1, 2019, were for the disposal of …

Homebuyers reserve the right to be heard before the developer is given for the extension of time to complete a project

PETALING JAYA (March 30): The Ministry of Urban Wellbeing, Housing and Local Government must give homebuyers the right to be heard before developers are given an extension of time (EOT) to complete a project, the Court of Appeal ruled today. The landmark decision will have far-reaching consequences for homebuyers whose properties are delivered late — …

The New Bankruptcy Amendment Act – Enforced On 06-Oct-2017

On 21 November 2016, the new Bankruptcy (Amendment) Bill 2016 was tabled in Parliament for its First Reading. It has now been passed as the Bankruptcy (Amendment) Act 2017 and received Royal Assent on 10 May 2017. By way of the gazette notification P.U. (B) 466/2017 dated 3 October 2017, these amendments will come into …