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Bankruptcy Act 1967

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Bankruptcy Act 1967
Parliament of Malaysia
  • An Act relating to the law of bankruptcy.
CitationAct 360
Territorial extentThroughout Malaysia
Enacted byDewan Rakyat
Enacted1967 (Act 55 of 1967)
Revised: 1988 (Act 360 w.e.f. 31 December 1988)
Enacted byDewan Negara
Effective30 September 1967
Legislative history
First chamber: Dewan Rakyat
Bill titleBill
Introduced by, Minister of
First reading[ ]
Second reading[ ]
Third reading[ ]
Second chamber: Dewan Negara
Bill titleBill
Member(s) in charge, Minister of
First reading[ ]
Second reading[ ]
Third reading[ ]
Related legislation
Bankruptcy Ordinance of Sarawak [Sarawak Cap. 46]
Insolvency Ordinance of Sabah [Sabah Cap. 62]
Status: In force

The Bankruptcy Act 1967 (Template:Lang-ms), 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

References