Insolvency Dept submits proposal to improve Act 360 - Wan Junaidi
Amendment to Act 360 in regard to automatic discharge from bankruptcy after three years is among the proposals submitted to the government.
Fri Aug 26 2022
Senate approves bill on Temporary Measures To Reduce COVID-19 Impact
Act 360 was amended based on certain requirements including transforming existing legal framework into legislation that is more relevant to current needs.
Wed Sep 23 2020
Insolvency (Amendment) Bill 2020 approved, bankruptcy threshold now RM100,000
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.
Tue Aug 25 2020
SME Corp proposes 'automatic discharge' order under Bankruptcy Act
The 'automatic discharge' order, which will allow a bankrupt company to have a second chance at conducting business, is being proposed under an amendment to the Bankruptcy Act 1967 (Act 360).
Mon Mar 06 2017