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Malaysia
Insolvency
Malaysia
Zaid Ibrahim & Co
In recent years, the Malaysian government has taken various initiatives to revamp insolvency laws with the goal of assisting the public to cope with financial difficulties arising from the Covid-19.
Zaid Ibrahim & Co
In our previous article, we discussed the initiatives implemented by the Government to ease the process of discharge of bankrupts.
Lee Hishammuddin Allen & Gledhill
In this recent decision, the Court of Appeal considered, for the first time, the issue of distribution of the surplus assets of a Special Purpose Acquisition Company ("SPAC") upon its voluntary winding-up...
SARANJIT SINGH, Advocates & Solicitors
The answer is seemingly obvious but, analogies apart, the authoritative determination of this issue is yet to be settled.
Chooi & Company + Cheang & Ariff
There are essentially two criteria that makes a private company an Exempt Private Company (‘EPC'): (1) its shares cannot be held by a corporation; and (2), it does not have more than 20 members.
SKRINE
In Re:Malaya Sibuku; Ex P: Kaya Karisma Sdn Bhd [2021] 5 CLJ 403, various submissions were advanced by a judgment debtor in an appeal against the Senior Assistant Registrar's decision in granting leave to the judgment creditor ...
SKRINE
In the recent court decision in AirAsia X Berhad v BOC Aviation Limited & 14 Ors (Originating Summons No.: WA-24NCC-467-10/2020), the Malaysian High Court held that a scheme of arrangement under section 366 ...
SKRINE
The Stamp Duty (Exemption) (No. 2) Order 2020 (‘Exemption Order') has been amended by the Stamp Duty (Exemption) (No. 2) (Amendment) Order 2021 (‘Amendment Order')...
MahWengKwai & Associates
The COVID-19 pandemic will undoubtedly have a significant and long-term impact on the Malaysian and global economy.
SKRINE
In Safari Alliance Sdn Bhd v Tiger Synergy Berhad (and Another Originating Summons) [2020] 3 AMR 798, the Malaysian High Court dismissed an attempt by a company to hold a general meeting...
Azman, Davidson & Co
A question which company liquidators occasionally ask is whether all the bills of the solicitors, accountants, auctioneers, brokers or other persons, who have provided services to the liquidators, have to be taxed...
SKRINE
The Privy Council in Singularis Holdings Ltd v Pricewaterhouse Coopers [2014] UKPC 36 ("Singularis") has clarified the extent to which courts can render common law assistance for cross-border insolvencies.
SKRINE
Eyza Farizan Mokhtar examines a fight over the appointment of a provisional liquidator.
Rajah & Tann
On 5 October 2022, the UK Supreme Court delivered its long-awaited judgment in BTI 2014 LLC v. Sequana SA and others [2022] UKSC 25 ("Sequana Case") which concerns the question...
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