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Bankruptcy Bill 1967: Member(s) in charge: Athi Nahappan, Senator: First reading: 28 August 1967: Second reading: 29 August 1967: Third reading: 29 August 1967: Amended by; Malaysia Currency (Ringgit) Act 1975 [Act 160] Bankruptcy (Amendment) Act 1976 [Act A364] Subordinate Courts (Amendment) Act 1987 [Act A671] Bankruptcy (Amendment) Act 1988 ...
The Bankruptcy Disqualification Act 1871 (34 & 35 Vict. c. 50) The Bankruptcy and Deeds of Arrangement Act 1913 (3 & 4 Geo. 5. c. 34) The Bankruptcy Act 1914 (4 & 5 Geo. 5. c. 59) The Bankruptcy (Amendment) Act 1926 (16 & 17 Geo. 5. c. 7) The Bankruptcy Acts 1883 to 1890 was the collective title of the following Acts: [12] The Bankruptcy Act ...
Throughout Malaysia: Passed by: Dewan Rakyat: Passed: 9 August 1965: Enacted: 1965 (Act No. 79 of 1965) Revised: 1973 (Act 125 w.e.f. 14 December 1973) Passed by: Dewan Negara: Passed: 16 August 1965: Effective [Throughout Malaysia—15 April 1966, P.U. 168/1966] Repealed: 31 January 2017: Legislative history; First chamber: Dewan Rakyat; Bill ...
Between 1997 and 1999, several bank runs happened at MBf Finance Berhad in Malaysia, the biggest finance company in the country during that time. Many of the finance company's 120 branches saw runs on their deposits, totalling about 17 billion Ringgit (US$4.49 billion).
A Bankruptcy Exemption defines the property a debtor may retain and preserve through bankruptcy. Certain real and personal property can be exempted on "Schedule C" [42] of a debtor's bankruptcy forms, and effectively be taken outside the debtor's bankruptcy estate. Bankruptcy exemptions are available only to individuals filing bankruptcy. [43]
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Bankruptcy systems predicated on trying to rehabilitate companies (such as Chapter 11 in the United States, or administration orders in the United Kingdom) are fundamentally different in intent and effect to winding-up regimes that seeks to liquidate companies and distribute the proceeds to creditors.
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