Bankruptcy Act 1967
The Bankruptcy Act 1967, is a Malaysian laws which enacted relating to the law of bankruptcy.
Structure
The Bankruptcy Act 1967, in its current form, consists of 8 Parts containing 139 sections and 3 schedules.- 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