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 Can a car registered under 2 names?, Are we allow to register car under 2 nam

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acbc
post Feb 28 2023, 01:21 PM

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QUOTE(karazure @ Feb 28 2023, 12:52 PM)
u sure ka, why unker car need 2 director sign?
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Mine previously was a partnership Sdn Bhd. The 3 directors chose me to do all the signing. This was conveyed to the company secretary.
tatmeng
post Feb 28 2023, 01:26 PM

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QUOTE(netcrawler @ Feb 28 2023, 12:37 PM)
Coz can transfer NCB and another can claim company allowances
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Let's say if really can register 2 names, how does your scheme work? Untung both sides?
jmas
post Feb 28 2023, 01:30 PM

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QUOTE(Angry Clerk @ Feb 28 2023, 12:13 PM)
property agent share buy one car
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BuKeYi
post Feb 28 2023, 01:35 PM

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Car owner only 1 person
for sharing car purpose, insurance it is.
la bella
post Feb 28 2023, 01:41 PM

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QUOTE(netcrawler @ Feb 28 2023, 12:37 PM)
Coz can transfer NCB and another can claim company allowances
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Choose either one. No way to jointly own a car.

Regarding claim company allowances, try ask the company see whether they accept self declaration from husband/wife that the car is exclusively used only for his/her commute using the car registered under husband/wife name.
TSnetcrawler
post Feb 28 2023, 01:53 PM

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QUOTE(tatmeng @ Feb 28 2023, 01:26 PM)
Let's say if really can register 2 names, how does your scheme work? Untung both sides?
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Yes just like name in housing loan...either party can claim
teehk_tee
post Feb 28 2023, 01:56 PM

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QUOTE(karazure @ Feb 28 2023, 12:52 PM)
u sure ka, why unker car need 2 director sign?
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For reso yes but for jpj purpose n ehakmilik just one appointed director to do ok d
hcmalaya
post Feb 28 2023, 02:00 PM

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So 10 mlm agents can share one conti?
Kekwa
la bella
post Feb 28 2023, 02:31 PM

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QUOTE(netcrawler @ Feb 28 2023, 01:53 PM)
Yes just like name in housing loan...either party can claim
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I think government just want to make our vehicle ownership less complicated by not allowing us to register two names. Vehicle is not like housing.

Vehicle is a moving object, it's complicated if government allow cars to co-own. Other countries may allow but Malaysia laws do not allow. Try ask JPJ for an official answer.

The issues I can think of:

-both owners are responsible when it involved traffic summons
-insurance issue, NCD follow IC (the person) so it's impossible to divide NCD into two portions for two registered name.
-A creditor may confiscate the car if one is filed for bankruptcy
-It's difficult to sell the car if one of the co-owner is absent (oversea, passed away, one party do not agree to sell) scenario same like housing property.


 

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