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← Insolvency Act 1967

Insolvency Act 1967 s 106

Insolvency Act 1967 s 106

Some sections could not be extracted from the official PDF, so this text may be incomplete.

s 106 Summary administration in small cases

In any case where a bankruptcy order has been made and the Director General of Insolvency reports to the court that the assets (after deducting any sums paid to secured creditors in respect of their securities) are unlikely to exceed the value as may prescribed, the court may make an order that the bankrupt’s estate be administered in a summary manner, and thereupon this Act shall be subject to the following modifications: (a) no appeal shall lie from any order of the court except by order of the court; (b) (Deleted by Act A1534); (c) the estate where practicable shall be distributed in a single dividend; (d) such other modifications may be made in this Act as may be prescribed by rules made by the Minister with the view of saving expense and simplifying procedure; but nothing in this section shall permit the modification of this Act relating to the examination or discharge of the bankrupt.

Malay text (authoritative)

Pempetisyen bersama

Read this section in the full act → · Open Part VI →

Find Act 360 on lom.agc.gov.my ↗

Text as at 6 October 2023 (LOM reprint); amendments made after that date may not be incorporated.

Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).

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