Insolvency Act 1967 Pdf
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Insolvency act 1967 pdf. Note changes authorised by section 17c of the acts and regulations publication act 1989 have been made in this eprint. The bankruptcy amendment bill 2016 has finally come into force in malaysia on 6 october 2017 renaming the existing bankruptcy act 1967 to the insolvency act 1967. An act to amend and consolidate the written laws relating to the making and approval of a compromise or an arrangement with the creditors of a company or an individual receivership corporate insolvency and winding up individual insolvency and bankruptcy and the public administration of insolvency to provide for the regulation of insolvency practitioners to provide for connected matters. Insolvency insolvency act 24 of 1936 assented to 17 june 1936 date of commencement.
Insolvency 13 laws of malaysia act 360 insolvency act 1967 an act relating to the insolvency and bankruptcy of an individual and a firm and for connected matters. Act 360 bankruptcy act 1967 an act relating to the law of bankruptcy. 29th december 1967 part i. 30 september 1967 be it enacted by the seri paduka baginda yang di pertuan agong with the advice and consent of the dewan negara and.
Preliminary short title and application 1. 11 9 2017 2 59 35 pm. An overview of the new insolvency act in malaysia. Bankruptcy act 1967 l y lu co.
Key amendments include the following. Act 42 of 1967 revised edition 2006 31st october 2006 an act relating to companies. Malaysia new insolvency act 1967. Insolvency act 1967 brochure created date.
30 september 1967 be it enacted by the seri paduka baginda yang di pertuan agong with the advice and consent of the dewan negara and dewan rakyat in parliament assembled and by the authority of the same as follows. See section 63 5 of that act which states that in any case where a person has been adjudged bankrupt or there has been an order or election to administer an estate under part 17 of the insolvency act 1967 before 1 february 2001 the insolvency act 1967 applies as if section 63 of that act had not been enacted. 1 july 1936 signed by the governor general in afrikaans as amended by finance act 17 of 1938 income tax act 31 of 1941 hire purchase act 36 of 1942 insolvency law amendment act 16 of 1943 insurance. And b in a voluntary winding up has the meaning given by section 161 6.
Insolvency act 1967 revised 1988 act 360 incorporating all amendments as at november 2017 isbn no.