Right of participation in business as matrimonial property: the Malaysian experience

It is a deep wish of 'most' married couples that the marriage will last until 'death do as part.' Nonetheless, despite this wish, it is often found that a crisis occurs between married couples when it comes to money matters, more so if the concern is about a business which both p...

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Main Authors:	Abd Ghadas, Zuhairah Ariff, Ibrahim, Norliah
Format:	Article
Language:	English
Published:	International Islamic University Malaysia 2007
Subjects:	K Law (General) KPG Malaysia
Online Access:	http://irep.iium.edu.my/12074/ http://irep.iium.edu.my/12074/ http://irep.iium.edu.my/12074/1/2007_-_Right_of_participation_in_business_as_matrimonial_property-_the_Malaysian_experience_%28IIUMLJ%29.pdf

id	iium-12074
recordtype	eprints
spelling	iium-120742012-01-05T07:45:15Z http://irep.iium.edu.my/12074/ Right of participation in business as matrimonial property: the Malaysian experience Abd Ghadas, Zuhairah Ariff Ibrahim, Norliah K Law (General) KPG Malaysia It is a deep wish of 'most' married couples that the marriage will last until 'death do as part.' Nonetheless, despite this wish, it is often found that a crisis occurs between married couples when it comes to money matters, more so if the concern is about a business which both parties foresee as a source of wealth. The right of paticiation in business is more than the right to share profits of the business. It also involves the management right and decision making power. Upon a divorce, it is common for the lucky ex-spouse to get certain percentage of shares in the business and therefore entitled to certain amount of dividend anually but rarely does one find the right to participation in the business is retained or given to the ex-couples. Whilst in practice the right to participate in the business is more significant and worth more than shares! This article looks into participation rights in business as part of the matrimonial property in the due course of a divorce. International Islamic University Malaysia 2007 Article PeerReviewed application/pdf en http://irep.iium.edu.my/12074/1/2007_-_Right_of_participation_in_business_as_matrimonial_property-_the_Malaysian_experience_%28IIUMLJ%29.pdf Abd Ghadas, Zuhairah Ariff and Ibrahim, Norliah (2007) Right of participation in business as matrimonial property: the Malaysian experience. IIUM Law Journal, 15 (1). pp. 85-99. ISSN 0128-2530 http://rms.research.iium.edu.my/bookstore/Products/411-wwwgooglecom.aspx
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	K Law (General) KPG Malaysia
spellingShingle	K Law (General) KPG Malaysia Abd Ghadas, Zuhairah Ariff Ibrahim, Norliah Right of participation in business as matrimonial property: the Malaysian experience
description	It is a deep wish of 'most' married couples that the marriage will last until 'death do as part.' Nonetheless, despite this wish, it is often found that a crisis occurs between married couples when it comes to money matters, more so if the concern is about a business which both parties foresee as a source of wealth. The right of paticiation in business is more than the right to share profits of the business. It also involves the management right and decision making power. Upon a divorce, it is common for the lucky ex-spouse to get certain percentage of shares in the business and therefore entitled to certain amount of dividend anually but rarely does one find the right to participation in the business is retained or given to the ex-couples. Whilst in practice the right to participate in the business is more significant and worth more than shares! This article looks into participation rights in business as part of the matrimonial property in the due course of a divorce.
format	Article
author	Abd Ghadas, Zuhairah Ariff Ibrahim, Norliah
author_facet	Abd Ghadas, Zuhairah Ariff Ibrahim, Norliah
author_sort	Abd Ghadas, Zuhairah Ariff
title	Right of participation in business as matrimonial property: the Malaysian experience
title_short	Right of participation in business as matrimonial property: the Malaysian experience
title_full	Right of participation in business as matrimonial property: the Malaysian experience
title_fullStr	Right of participation in business as matrimonial property: the Malaysian experience
title_full_unstemmed	Right of participation in business as matrimonial property: the Malaysian experience
title_sort	right of participation in business as matrimonial property: the malaysian experience
publisher	International Islamic University Malaysia
publishDate	2007
url	http://irep.iium.edu.my/12074/ http://irep.iium.edu.my/12074/ http://irep.iium.edu.my/12074/1/2007_-_Right_of_participation_in_business_as_matrimonial_property-_the_Malaysian_experience_%28IIUMLJ%29.pdf
first_indexed	2023-09-18T20:21:17Z
last_indexed	2023-09-18T20:21:17Z
_version_	1777408124158738432

Right of participation in business as matrimonial property: the Malaysian experience

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