Overhaul law to help bankrupts

Overhaul law to help bankrupts. [Newspaper] (2020)


Letter: I refer to the recently amended bankruptcy threshold of RM100,000 under the Insolvency Act 1967.
The act has been amended numerous times, but it has yet to solve the problems of bankrupts. Raising the threshold amount to prevent bankruptcy is only part of the solution.
There has to be a mechanism to prevent and save people from bankruptcy. Although 13 amendments have been made to the act, the law, as a whole, needs an overhaul.

Item Type: Newspaper
Keywords: Insolvency act 1967, Amendment, Act of bankruptcy, Bankruptcy order, AKPK
Taxonomy: By Subject > Law > Insolvency
By Subject > Law > Insolvency Law
Local Content Hub: Subjects > Law
Depositing User: Muhammad Azrul Ayob
Date Deposited: 25 Oct 2021 05:16
Last Modified: 25 Oct 2021 05:16
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