10 October 2017

Major reforms to insolvency laws with the coming into effect of the Bankruptcy (Amendment) Act 2017

Pursuant to the gazette notification dated 3 October 2017, the new Bankruptcy (Amendment) Act 2017 came into force on 6 October 2017 bringing major reforms to insolvency laws in Malaysia.

Simultaneously, the following came into force on 6 October 2017:

For our Client Alert on the reforms under the Bankruptcy (Amendment) Act 2017, please click here.

If you have any questions or require any additional information, you may contact Ravichandran Sinnappah, Khoo Kay Ping or the ZICO Law partner you usually deal with.

This alert is for general information only and is not a substitute for legal advice.