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Statute of Limitation: What is the time limitation for contract under seal?

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asked on Sep 17, 2016 at 15:14
by   danweng
edited on Oct 5, 2016 at 07:53
 
What is the time limitation for contract under seal in Peninsular Malaysia?
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answered on Sep 24, 2016 at 02:12
by   jeff005
edited Oct 5, 2016 at 07:54
 
Personal views/readings/opinions:

What type of contract under seal you are referring to?

A business entity (Sdn Bhd) registered with the Registrar of Companies (ROC) can be a contract under seal and there is no time limitation so long you have submitted annual returns to ROC. That is why you have a company seal.

Construction Buildings Contract under seal, in this modern era, is well covered under Laws of Contract and there will always be a specified completion date.
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