Malaysia legislation

Section 10

of INSOLVENCY ACT 1967

Section 10

Discretionary powers as to appointment of interim receiver and stay of proceedings

(1)

The court may, if it thinks it is advisable for the protection of the estate, at any time after the presentation of a bankruptcy petition and before a bankruptcy order is made, appoint the Director General of Insolvency to be interim receiver of the property of the debtor or of any part thereof, and direct him to take immediate possession thereof or of any part thereof, including all books of account and other papers and documents belonging to the debtor and relating to his business.