Legal Firm & Law Firm In Kuala Lumpur, Malaysia

Bankruptcy Act 1967

Bankruptcy Act 1967

(1) A debtor commits an act of bankruptcy in each of the following cases:

(a) if in Malaysia or elsewhere he makes a conveyance or assignment of his property to a trustee or trustees for the benefit of his creditors generally;

(b) if in Malaysia or elsewhere he makes a fraudulent conveyance, gift, delivery or transfer of his property or of any part thereof;