There is only one (1) question. Answer the question.Darshan, Jannat, Alice, Tyson, Mike, and Lam are directors ofPening Lalat Sdn Bhd. It is a construction company. Theywork hard to form and incorporate the company in February2022. They have started to find business for the company andgathers the shareholders since January 2022. Albab andAhmad were part of the team to form the company. However,both decided not to be shareholders or directors. Once thecompany incorporated, they left the team.Albab and Jannat had entered into an agreement to purchase3 lorries, 1 tractor and 1 excavator on behalf of Pening LalatSdn Bhd in January 2022. The seller, Max Sdn Bhd suedPening Lalat Sdn Bhd due to failure to pay instalment of thevehicles for the month of April 2022. Pening Lalat Sdn Bhddecideto pay for the 3 lorries and the tractor except for theexcavator. The directors decided the excavator is notnecessary, so they refused to take responsibility of paying theinstalment for the excavator.Darshan and Tyson decided to sell their shares and resignedfrom directorship in April 2022 and formed a company namedDarson Sdn Bhd. New directors were appointed in May 2022,namely Sarah and Kugan. The new directors found that thecompany has purchased a land from Alice to build awarehouse. The transaction was recorded in the shareholderminute meetings and the Board of Directors has passed aresolution about the matter. However, the amount declared byAlice was not the actual amount gained by her. She declaredthe land was purchased by her for RM600,000.00, and sell toPening Lalat Sdn Bhd for RM650,000,00. But the real pricewas RM550,000.00. The new directors decided to take legalaction against her.Please read the fact of the case carefully and decide thefollowing issues.Your answer should be supported with statutory provisions,legal principle, and cases.whether Max Sdn Bhd has the right to sue Pening Lalata)Sdn Bhd?b)whether the new directors have the right to take legalaction against Alice?

This scenario is a typical example of a small construction company and the legal issues that may…

There is only one (1) question. Answer the question. Darshan, Jannat, Alice, Tyson, Mike, and Lam are directors of Pening Lalat Sdn Bhd. It is a construction company. They work hard to form and incorporate the company in February 2022. They have started to find business for the company and gathers the shareholders since January 2022. Albab and Ahmad were part of the team to form the company. However, both decided not to be shareholders or directors. Once the company incorporated, they left the team.

There is only one (1) question. Answer the question. Darshan, Jannat, Alice, Tyson, Mike, and Lam are directors of Pening Lalat Sdn Bhd. It is a construction company. They work hard to form and incorporate the company in February 2022. They have started to find business for the company and gathers the shareholders since January 2022. Albab and Ahmad were part of the team to form the company. However, both decided not to be shareholders or directors. Once the company incorporated, they left the team.