by Judy Lim Pek Eng | Jul 3, 2023 | Legal Updates
In June 2023, Parliament amended the Insolvency Act 1967 (“IA 1967”) via the Insolvency (Amendment) Act 2023 (“Amendment Act”). Amongst others, Section 33C of the IA 1967 was amended as follows (with the amendments in red): “Automatic...
by Judy Lim Pek Eng | Nov 8, 2022 | Legal Updates
The Insolvency (Amendment) Act 2020, which came into force on 1st September 2021, amended Section 5 of the Insolvency Act 1967 (“IA 1967”) on the conditions on which a creditor may present a bankruptcy petition against a debtor. The following is Section 5...
