1. as the sole proprietor of Sandsi Management Services had been punished and imposed a fine of RM4000-00 and costs of RM4000-00 by the Disciplinary Committee of the Institute on 19/5/2022 for having practised, represented and/or held herself out from 2/1/2020 till 22/7/2020 as a member in public practice to the public in the field of company secretarial despite not holding a valid practising certificate issued by the Institute.
2. as the sole proprietor of Sandsi Management Services and as the company secretary for Minda Cerdas Solution Sdn. Bhd (‘Company’) had been punished and imposed a fine of RM3000-00 by the Disciplinary Committee of the Institute on 19/5/2022 for having failed to submit the Application to Strike Off of the Company under Section 550 of the Companies Act 2016 in a timely manner after receiving instructions from the Complainant, resulting in the Company being compounded with a total sum of RM35,000.00 for failing to lodge financial statements and reports with Registrar of the Company under Section 259(1)(a) of the Companies Act 2016 for the years of 2017 and 2018 and further for failing to lodge annual return under Section 68(1) of the Companies Act 2016 for the years 2017, 2018, and 2019.
Unit 33-01, Level 33, Tower A, The Vertical, Avenue 3, Bangsar South City,
No.8 Jalan Kerinchi, 59200 Kuala Lumpur, Malaysia.
The use of the word ‘Accountant’
In Malaysia, the word ‘Accountant’ is protected as provided for under the provisions of the Accountants Act 1967 which states that no one can hold himself out or practise as an Accountant unless he is registered as a member of the Malaysian Institute of Accountants.
‘The Malaysian Institute of Accountants is committed to the observance and practice of the highest ethical standards of the accountancy profession. All PC holders are reminded that under the MIA By-Laws (On Professional Ethics, Conduct And Practice), no person shall practice or hold out anything on audit/tax services without a license approved by the Ministry of Finance. Every PC holder is therefore expected to comply fully with Section B200.1 to B200.6 of the MIA By-Laws (On Professional Ethics, Conduct And Practice) failing which, you may be held liable for unprofessional conduct and disciplinary action may be taken against you.’