Malaysia legislation

Section 15

of INSOLVENCY ACT 1967

Section 15

Meeting of creditors

(1)

As soon as may be after the making of a bankruptcy order against a debtor, a meeting of creditors may be held for the purpose of considering whether a proposal for a composition or scheme of arrangement shall be entertained and generally as to the mode of dealing with the bankrupt’s property, and for any other purpose as may be prescribed.

Section 15 — INSOLVENCY ACT 1967 | mylaw.my