by Donovan & Ho | Oct 6, 2017 | Insolvency and Bankruptcy
The Bankruptcy (Amendment) Act 2017 comes into force today (6 October 2017) (“Act”). The Act represents an overhaul of Malaysia’s bankruptcy legislation. Key changes to note include, among others: The Bankruptcy Act 1967 will now be referred to as...
by Donovan & Ho | Mar 30, 2017 | Debt Recovery, Dispute Resolution, Insolvency and Bankruptcy
The Bankruptcy (Amendment) Bill 2016 was passed in the Dewan Rakyat yesterday (29 March 2017). The law will be effective once it is passed by the Dewan Negara, receives Royal Assent, and is gazetted. The new law is an overhaul of the existing Bankruptcy Act 1967....
by Donovan & Ho | Feb 23, 2017 | Donovan and Ho updates, Insolvency and Bankruptcy, Real Estate, Tax
Our partners were featured in the February – March 2017 edition of Asian Property Review: Donovan Cheah provided his views on the proposed amendments to the Bankruptcy Act 1967, by answering some questions posed by readers: The proposed amendments to the...
by Donovan & Ho | Feb 7, 2017 | Dispute Resolution, Insolvency and Bankruptcy
The country’s bankruptcy law could see some important changes this year if the proposed amendments to the Bankruptcy Act 1967 (which is to be renamed the Insolvency Act 1967) are adopted. The Bankruptcy (Amendment) Bill 2016, tabled for first reading in...
by Donovan & Ho | Nov 18, 2016 | Dispute Resolution, Insolvency and Bankruptcy
During the announcement of the 2017 Budget, the Prime Minister said that the Bankruptcy Act 1967 would be amended in 2017. The amendments would affect “scholarship guarantors and others certified with chronic diseases as well as the elderly”. However, no...
by Donovan & Ho | Jan 30, 2015 | Debt Recovery, Dispute Resolution, Insolvency and Bankruptcy
ATTENTION: This article is written in reference to the Bankruptcy Act 1967. It is written prior to the amendments which take effect on 6 October 2017. This article has not been updated to reflect the new amendments. Recent statistics from the Malaysian Department of...
