Samiksha Jaiswal (Editor)

Bankruptcy Act 1967

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Citation
  
Act 360

Enacted by
  
Dewan Rakyat

Date effective
  
30 September 1967

Territorial extent
  
Throughout Malaysia

Enacted by
  
Dewan Negara

Bankruptcy Act 1967

Date enacted
  
1967 (Act 55 of 1967) Revised: 1988 (Act 360 w.e.f. 31 December 1988)

The Bankruptcy Act 1967 (Malay: Akta Kebankrapan 1967), is a Malaysian laws which enacted relating to the law of bankruptcy.

Structure

The Bankruptcy Act 1967, in its current form (1 January 2006), consists of 8 Parts containing 139 sections and 3 schedules (including 7 amendments).

  • Preliminary
  • Interpretation
  • Part I: Proceedings from Act of Bankruptcy to Discharge
  • Acts of Bankruptcy
  • Receiving Order
  • Proceedings consequent on Receiving Order
  • Public Examination of Debtor
  • Composition or Scheme of Arrangement
  • Adjudication of Bankruptcy
  • Control over Person and Property of Debtor
  • Discharge of Bankrupt
  • Part II: Disqualification and Disabilities of Bankrupt
  • Undischarged Bankrupt
  • Part III: Administration of Property
  • Proof of Debts
  • Property Available for Payment of Debts
  • Effect of Bankruptcy on Antecedent Transactions
  • Realization of Property
  • Distribution of Property
  • Part IV: Director General of Insolvency
  • Appointment
  • Duties
  • Costs
  • Receipts, Payments, Accounts, Audit
  • Release
  • Official Name
  • Vacation of Office on Insolvency
  • Additional Powers
  • Control
  • Part V: Constitution, Procedure and Powers of Court
  • Jurisdiction
  • Appeals
  • Procedure
  • Annulment of Adjudication
  • Part VI: Small Bankruptcies
  • Part VII: Fraudulent Debtors and Creditors
  • Part VIII: Supplemental Provisions
  • Application of Act
  • General Rules
  • Fees
  • Evidence
  • Notices
  • Formal Defects
  • Stamp Duty
  • Corporations, Firms and Mentally Disordered Persons
  • Unclaimed Funds or Dividends
  • Debtor’s Books
  • Repeals and Special Provisions
  • Schedules
  • References

    Bankruptcy Act 1967 Wikipedia