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← Cross-Border Insolvency Act 2026

Cross-Border Insolvency Act 2026 s 28

Cross-Border Insolvency Act 2026 s 28

s 28 Commencement or continuation of proceedings under Malaysian insolvency law after recognition of foreign main proceedings

After recognition of foreign main proceedings, the effects of any proceedings under Malaysian insolvency law in relation to the same debtor shall, in so far as the proceedings relate to the property of the debtor, be limited— (a) to property that is located in Malaysia; and (b) to the extent necessary to give effect to cooperation and coordination under sections 25, 26 and 27, to other property of the debtor that under the laws of Malaysia, should be administered in those proceedings.

Malay text (authoritative)

Permulaan atau penerusan prosiding di bawah undang-undang insolvensi Malaysia selepas pengiktirafan prosiding utama asing

Selepas prosiding utama asing diiktiraf, kesan mana-mana prosiding di bawah undang-undang insolvensi Malaysia berhubung dengan penghutang yang sama hendaklah, setakat yang prosiding itu berkaitan dengan harta penghutang, dihadkan— (a) kepada harta yang terletak di Malaysia; dan (b) setakat yang perlu untuk memberikan kesan kepada kerjasama dan penyelarasan di bawah seksyen 25, 26 dan 27, kepada harta lain penghutang yang di bawah undang-undang Malaysia, patut ditadbir dalam prosiding itu.

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

Find Act 877 on lom.agc.gov.my ↗

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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