KUALA LUMPUR, Oct 14 — The issue of public servants falling into bankruptcy is not a recent phenomenon.

KUALA LUMPUR, Oct 20 — Darkness and pain engulfed Mad Noor, 65, (not his real name) after he was declared bankrupt over a bank loan two years ago, forcing him to wind up his printed fabric operation in Rawang, Selangor.

MOSCOW, Oct 19 — Google's Russian subsidiary has been recognised as bankrupt by a Moscow court, the RIA news agency reported on Wednesday, over a year after proceedings began.

KUALA LUMPUR, May 23 – The amendment to the Insolvency Act 1967 will allow two more categories of bankrupt individuals to qualify for discharge the Director General of Insolvency’s certificate of discharge without going through debtors’ objections, Minister in Prime Minister’s Department Datuk Seri Azalina Othman said.

PUTRAJAYA, Aug 26 — Amendment to Section 33C of the Insolvency Act (Act 360) in regard to automatic discharge from bankruptcy after three years is among the proposals submitted by the Insolvency Department to the government to improve the law.

KUALA LUMPUR, Sept 28 — A total of 10,317 individuals have been declared bankrupt throughout the movement control order (MCO) period between March 2020 and July, said Prime Minister Datuk Seri Ismail Sabri Yaakob.

KUALA LUMPUR, April 7 — The government filed a bankruptcy notice against former prime minister Datuk Seri Najib Tun Razak for failing to pay income tax amounting to RM1.69 billion as ruled by the High Court in July last year.

KUALA LUMPUR, Nov 23 — A total of 204 tourism and hotel operators have closed their business since March this year due to the impact of the COVID-19 pandemic and enforcement of the movement control order (MCO).

PUTRAJAYA, April 2 — The Malaysian Insolvency Department (Mdl) has announced several initiatives to ease the burden of bankrupts during the movement control order (MCO) period, including deferring monthly repayments for six months.