KUALA LUMPUR, Feb 25 — Malaysia has adopted the United Nations Commission on International Trade Law's (UNCITRAL) Model Law on Cross-Border Insolvency, marking a significant step towards aligning the nation’s insolvency framework with global best practices.
KUALA LUMPUR, June 19 — Dewan Negara today passed the Insolvency (Amendment) Bill 2023 and the Printing of Quranic Texts (Amendment) Bill 2023.
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.
KUALA LUMPUR, Aug 26— The Insolvency (Amendment) Bill 2020 aimed at amending the Insolvency Act 1967 (Act 360) has been passed with a simple voice majority in the Dewan Rakyat.
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.
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