Nov
12

Garnishee Orders - Recent Amendments to the Code of Organisation and Civil Procedure Could Place Significant Administrative Burden on Banks

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This article was written by​ Dr Neeraj Bharwani and Dr Michael Psaila Act No. LXII of 2021 (the "Act") was published in the Government Gazette on the 29th October 2021 introducing several amendments to the provisions dealing with garnishee orders in the Code of Organisation and Civil Procedure, Chapter 12 of the Laws of Malta (the "COCP"). Briefly, the Act has extended the list of assets that cannot be subject to a garnishee order to include: (i)  Private pensions and pensions issued by foreign governments up to the amount established for the highest pension ...
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Oct
31

Amendments to the Companies Act - Act No. LX of 2021

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This article was written by​ Dr Neeraj Bharwani,  Dr Martina Bonnici and Dr Andrea Theuma Act No. LX of 2021 (the "Act"), published in the Government Gazette on the 26 th October 2021 introduced several amendments to the Companies Act, Chapter 386 of the Laws of Malta (the "Principal Act"). These amendments primarily relate to qualifications for a person to be eligible to act as a director and new address requirements for companies and their officers. The Act allows for different dates to be established for different provisions in the Act to enter into force....
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