Bankruptcy Act 1967

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

See also

• Bankruptcy Act

References

External links

• Bankruptcy Act 1967 This article incorporates text from this source, which is in the public domain.