Malaysia legislation

Section 85

of INSOLVENCY ACT 1967

Section 85

(2)

The Director General of Insolvency may summon general meetings of the creditors for the purpose of ascertaining their wishes, and it shall be his duty to summon meetings at such times as the court directs, or whenever requested in writing so to do by at least one-fourth in value of the creditors or by the consultative committee.

(3)

The Director General of Insolvency may apply to the court as prescribed for directions in relation to any particular matter arising under the bankruptcy.

(4)

Subject to this Act, the Director General of Insolvency shall use his own discretion in the administration of the property of the bankrupt.

Appeal to court against Director General of Insolvency

Section 85 — INSOLVENCY ACT 1967 | mylaw.my