Business assets as matrimonial property from the civil law and shariah perspectives; implication for national family policy
Matrimonial property disputes are one area of law, which is highly litigated before the registrars and judges. Under the Malaysian law, the court shall have power to order the division of any assets acquired by the divorced parties during the marriage including those attained by the sole efforts of...
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my.iium.irep.122752012-04-06T03:56:02Z http://irep.iium.edu.my/12275/ Business assets as matrimonial property from the civil law and shariah perspectives; implication for national family policy Abd Ghadas, Zuhairah Ariff Ibrahim, Norliah K Law (General) Matrimonial property disputes are one area of law, which is highly litigated before the registrars and judges. Under the Malaysian law, the court shall have power to order the division of any assets acquired by the divorced parties during the marriage including those attained by the sole efforts of one part to the marriage. Reference to personal property normally did not raise contentious issue as the court would apply the general rule/ method in dividing or concluding the matrimonial property. However, when it comes to distribution of business assets or interest in business, particularly those which are under the business's name, many legal issue may arise, such as rights or entitlement of the ex-spouse to claim, proportion and division of the assets as a matrimonial property, locus standi of the ex-spouse to take legal action and rights to future interest/benefits of the business assets/profits. This paper intends to look into approaches of both the civil and Shariah courts in determining the status of business assets/interest as a matrimonial property relating to business assets/interest. Findings of this research shall be useful in formulating the national policy on distribution of business assets as matrimonial property. Research methodolgy which is adopted is mainly doctrinal and case law analysis. 2011 Conference or Workshop Item REM application/pdf en http://irep.iium.edu.my/12275/1/2011_-_Business_assets_as_matrimonial_property_from_the_Civil_law_and_shariah_perspectives-_implication_for_national_family_policy.pdf application/pdf en http://irep.iium.edu.my/12275/3/Business_assets_as_matrimonal_property_from_the_civil_law_and_syariah_perspectives.pdf Abd Ghadas, Zuhairah Ariff and Ibrahim, Norliah (2011) Business assets as matrimonial property from the civil law and shariah perspectives; implication for national family policy. In: Seminar Kebangsaan Polisi Keluarga Malaysia 2011, 14-15 September 2011, Universiti Putra Malaysia & Kementerian Pembangunan Wanita Keluarga dan Masyarakat & Lembaga Penduduk dan Pembangunan Keluarga Negara Malaysia. |
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K Law (General) Abd Ghadas, Zuhairah Ariff Ibrahim, Norliah Business assets as matrimonial property from the civil law and shariah perspectives; implication for national family policy |
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Matrimonial property disputes are one area of law, which is highly litigated before the registrars and judges. Under the Malaysian law, the court shall have power to order the division of any assets acquired by the divorced parties during the marriage including those attained by the sole efforts of one part to the marriage. Reference to personal property normally did not raise contentious issue as the court would apply the general rule/ method in dividing or concluding the matrimonial property.
However, when it comes to distribution of business assets or interest in business, particularly those which are under the business's name, many legal issue may arise, such as rights or entitlement of the ex-spouse to claim, proportion and division of the assets as a matrimonial property, locus standi of the ex-spouse to take legal action and rights to future interest/benefits of the business assets/profits.
This paper intends to look into approaches of both the civil and Shariah courts in determining the status of business assets/interest as a matrimonial property relating to business assets/interest. Findings of this research shall be useful in formulating the national policy on distribution of business assets as matrimonial property. Research methodolgy which is adopted is mainly doctrinal and case law analysis. |
format |
Conference or Workshop Item |
author |
Abd Ghadas, Zuhairah Ariff Ibrahim, Norliah |
author_facet |
Abd Ghadas, Zuhairah Ariff Ibrahim, Norliah |
author_sort |
Abd Ghadas, Zuhairah Ariff |
title |
Business assets as matrimonial property from the civil law and shariah perspectives; implication for national family policy |
title_short |
Business assets as matrimonial property from the civil law and shariah perspectives; implication for national family policy |
title_full |
Business assets as matrimonial property from the civil law and shariah perspectives; implication for national family policy |
title_fullStr |
Business assets as matrimonial property from the civil law and shariah perspectives; implication for national family policy |
title_full_unstemmed |
Business assets as matrimonial property from the civil law and shariah perspectives; implication for national family policy |
title_sort |
business assets as matrimonial property from the civil law and shariah perspectives; implication for national family policy |
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2011 |
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http://irep.iium.edu.my/12275/1/2011_-_Business_assets_as_matrimonial_property_from_the_Civil_law_and_shariah_perspectives-_implication_for_national_family_policy.pdf http://irep.iium.edu.my/12275/3/Business_assets_as_matrimonal_property_from_the_civil_law_and_syariah_perspectives.pdf http://irep.iium.edu.my/12275/ |
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