Wednesday, 20 November 2013

Malaysia-Forum on Liberalisation of the Legal Profession (5 Dec 2013)

Forum on Liberalisation of the Legal Profession (5 Dec 2013)









This circular may also be accessed here.




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Malaysia-Issue 1 - GST and Your Business ~~ Speed up MYOB Premier Solution ~~

Issue 1 - GST and Your Business ~~ Speed up MYOB Premier Solution ~~






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November Issue 1   

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Malaysia-New Ruling | Prohibition of Providing Guarantee in Favour of Clients or Third Parties

New Ruling | Prohibition of Providing Guarantee in Favour of Clients or Third Parties






_____________________________________________________________________________________________________________________


Circular No 247/2013
Dated 19 Nov 2013

To Members of the Malaysian Bar
 New Ruling: Prohibition of Providing Guarantee in Favour of Clients or Third Parties
Pursuant to section 57(a) of the Legal Profession Act 1976, the Bar Council has, at its recent meeting, adopted the following ruling proposed by the Legal Profession Committee:
Bar Council Ruling 14.28      Prohibition of Providing Guarantee in Favour of Clients or Third Parties
An Advocate and Solicitor practising as such, shall not sign any document nor give any undertaking that has the effect of guaranteeing or of indemnifying clients or third parties, as a form of indemnity, against any loss suffered.
This ruling is put in place to protect the interests of advocates and solicitors.  It prohibits them from providing any form of guarantee in favour of clients or third parties as it may void the Professional Indemnity Insurance ("PII") policy, thereby resulting in the advocate and solicitor not being protected nor covered by the PII under the circumstances enumerated in item (1) of Circular No 023/2013 dated 23 Jan 2013, entitled "General Information on Matters Discussed at the 11th BC Meeting Held on 5 Jan 2013". 
This ruling came about when it came to the attention of the Bar Council that several advocates and solicitors had been approached by their clients to provide a letter of guarantee and/or undertaking to fully indemnify their clients against any loss suffered in the course of their engagement as advocates and solicitors.
In light of the above, the Bar Council has taken the position that in the interest of Members of the Bar, it is objectionable for an advocate and solicitor to provide such an undertaking.
Please be informed that the ruling will take effect immediately.

Thank you.
Richard Wee Thiam Seng
Secretary 
Malaysian Bar


This circular may also be accessed here.



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Malaysia-CLJ Events:Understanding Bankers’ Tortious Liabilities and Duties

CLJ Events:Understanding Bankers' Tortious Liabilities and Duties
To:


Dear valued customer,
I pleased to invite your good self to our below seminar which is jointly organized by The Malaysian Current Law Journal. Hereby, I attached a copy of seminar brochure for your kind reference. Should you require any further assistance,please feel free to contact me  Tel: 03-4270 5400,HP: 010-363 6471 / Fax :03-4270 5402  / email: vimala@cljlaw.com.my.
Best regards,

VIMALA
Sales Executive

Malaysia Current Law Journal Sdn Bhd (no.51143-M)
Unit E1-2 (2nd Floor), BLK E Jalan Selaman 1/2 Dataran De Palma 68000 Ampang Selangor,Malaysia
Mobile: 010-363 6471
Office: 03-4270 5400
Fax: 03-4270 5402
Email: vimala@cljlaw.com



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Malaysia-CLJ Event: Understanding Bankers' Tortious Liabilities and Duties

CLJ Event: Understanding Bankers' Tortious Liabilities and Duties
To:









To find out more, please have a look at the attached brochure.
To Register, kindly fill in the registration form attached or contact Muhd Faizal at 013 369 0052 or email to faizal@cljlaw.com



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Malaysia-Talk on Syariah: ‘Rights Of Women In A Divorce’

Talk on Syariah: 'Rights Of Women In A Divorce'
To:


SBC/CIR/112/2013
31st October 2013
  To All Members of the Selangor Bar & Chambering Pupils,
  
  Brochure/Form [Download PDF]     Online Registration Link [URL Link]    Thank you,    Secretariat  Selangor Bar Committee.











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Malaysia-Discover the Hybrid Advantage Today

Discover the Hybrid Advantage Today





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Malaysia-NEW DESTINATION! Fly direct to Nagoya from all-in-fare RM199!

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Proview eBook Bi-Weekly Offer - Get your copy at 20% off!

Proview eBook Bi-Weekly Offer - Get your copy at 20% off! ...