Section 516. Notification that a company is in liquidation

(1) Where a company is being wound up, the words “in liquidation” shall be added after the name of the company in every invoice, order for goods or business letter issued by or on behalf of the company, a liquidator of the company, a receiver or manager of the property of the company.

(2) The company and every officer of the company or liquidator and every receiver or manager who contravene this section and who knowingly and wilfully authorize or permit the contravention commit an offence and shall, on conviction, be liable to a fine not exceeding ten thousand ringgit.