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Insolvency Ordinance of Sabah [Sabah Cap. 62] Status: In force The Bankruptcy Act 1967 ( Malay : Akta Kebankrapan 1967 ), is a Malaysian laws which enacted relating to the law of bankruptcy.
The following is a list of acts of the Parliament of Malaysia by citation number.The list includes all principal laws of Malaysia enacted after 1969 and pre-1969 laws which have been revised by the Commissioner of Law Revision under the authority of the Revision of Laws Act 1968.
Bankruptcy Act (with its variations) is a stock short title used for legislation in Australia, Hong Kong, Malaysia, the Republic of Ireland, the United Kingdom and the United States relating to bankruptcy.
Bank Pertanian Malaysia Berhad Act 2008: 684 In force Bank Simpanan Nasional Act 1974: 146 In force Bank Simpanan Nasional Berhad Act 1997: 571 Not yet in force Bankers' Books (Evidence) Act 1949: 33 In force Banking Act 1973: 102 Repealed by Act 372 Banking and Financial Institutions Act 1989: 372 Repealed by Act 758 Bankruptcy Act 1967: 360 ...
Provisional liquidation is a process which exists as part of the corporate insolvency laws of a number of common law jurisdictions whereby after the lodging of a petition for the winding-up of a company by the court, but before the court hears and determines the petition, the court may appoint a liquidator on a "provisional" basis. [1]
On 15 April 2019, the Legal Profession Qualifying Board added Legal Profession Act 1976, Contracts Act 1950, Specific Relief Act 1950, Civil Law Act 1956 and Insolvency Act 1967 and the Rules to the list of Statutes permitted. The candidates are now allowed to bring the following statutes for the respective papers: [9] -
In some circumstances it may appear ideal for the directors; however, if they trade under a name which is the same or substantially the same as the company in liquidation without approval from the Court, they will be committing an offence under §216 of the Insolvency Act 1986 (and equivalent legislation in UK regions). [28]
The Joint Stock Companies Act 1856 consolidated the companies legislation in one, and the modern law of corporate insolvency was born. Finally, the Bankruptcy Act 1869 was passed allowing all people, rather than just traders to file for bankruptcy.