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← Insolvency Act 1967

Insolvency Act 1967 s 116

Insolvency Act 1967 s 116

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

s 116 Debts incurred by fraud

Where a bankrupt makes any composition or arrangement with his creditors he shall remain liable for the unpaid balance of any debt which he incurred or increased by any fraud, or whereof before the date of the arrangement or composition he obtained forbearance by any fraud, provided the defrauded creditor has not assented to the arrangement or composition otherwise than by proving his debt and accepting dividends.

Malay text (authoritative)

Penghutang berniat untuk tunjuk sebab

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

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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