Legal due diligence: Spotting errors with common sense

Due Diligence

In legal due diligence exercise, it is easy to get lost in all the details, especially when there are urgent deadlines and voluminous documents to be reviewed.

Some errors in legal due diligence reports are obvious when you take a step back and apply common sense.

It doesn’t make sense that:

• The date of a supplemental/amendment agreement is before the date of the main agreement.

• The date of certificate of registration of charge is before the date of creation of the charge. Under the Companies Act 2016 of Malaysia, a company must register a charge created over its property after the charge is created. The Registrar of Companies will then issue a certificate of registration of charge.

#malaysiancorporatelawyer
#legalduediligence

This post was first posted on Linkedin on 20 May 2022.

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