Malaysia legislation
Section 137
Section 137
(2)
Where any person to whom this section applies has reason to apprehend that any claim will or might be made against him in respect of any negligence, default, breach of duty or breach of trust, he may apply to the Court for relief, and the Court shall have the same power to relieve him under this section as it would have had if it had been a Court before which proceedings against him for the negligence, default, breach of duty or breach of trust had been brought.
(3)
The persons to whom this section applies are —
(a)
officers of a Labuan company;
(b)
persons employed by a Labuan company as auditors, whether or not they are officers of the company;
(c)
experts within the meaning of this Act; and
(d)
all persons, including receivers and managers or approved liquidators, who are appointed or directed by the Court or the Authority to carry out any duty under this Act in relation to a Labuan company.
Injunctions