Cross-Border Insolvency Act 2026 s 32
Without prejudice to security claims or rights in rem, a creditor who has received part payment in respect of his claim in any proceedings under the law relating to insolvency in a foreign State shall not receive payment for the same claim in proceedings under Malaysian insolvency law regarding the same debtor, so long as the payment to the other creditors of the same class is proportionately less than the payment the creditor has already received.
Kaedah bayaran dalam prosiding serentak
Tanpa menjejaskan tuntutan jaminan atau hak in rem, seseorang pemiutang yang telah menerima sebahagian bayaran berkenaan dengan tuntutannya dalam mana-mana prosiding di bawah undang-undang yang berhubungan dengan insolvensi di suatu Negara asing tidak boleh menerima bayaran bagi tuntutan yang sama dalam prosiding di bawah undang-undang insolvensi Malaysia mengenai penghutang yang sama, selagi bayaran kepada pemiutang lain bagi kelas yang sama adalah secara berkadar lebih rendah daripada bayaran yang pemiutang itu telah terima.
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).