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 | Jun 6, 2023 | Legal Summaries
If a Judgment Debtor intends to oppose a Bankruptcy Notice, the correct procedure is to file an Affidavit on An Application to Set Aside Bankruptcy Notice (Afidavit Atas Permohonan Membatalkan Notis Kebankrapan) pursuant to Rule 93 of the Insolvency Rules 2017. The...
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...
by Judy Lim Pek Eng | Jul 27, 2021 | Case Summary
A summary of the Federal Court’s decision in Lai King Lung & Anor v Merais Sdn Bhd [Federal Court Civil Appeal No. 02(i)-4-01/2019 (B)]. P. E. LIM Case Summary 07/2021 – Lai King Lung & Anor v Merais Sdn Bhd The key takeaway is that retrospective...
by Judy Lim Pek Eng | Mar 29, 2021 | Practice Areas
Bankruptcy Judicial Management Winding up
