Malaysia legislation

Section 28

of CROSS-BORDER INSOLVENCY ACT 2026

Section 28

After recognition of foreign main proceedings, the effects of any proceedings under Malaysian insolvency law in relation to the same debtor shall, in so far as the proceedings relate to the property of the debtor, be limited—

(a)

to property that is located in Malaysia; and

(b)

to the extent necessary to give effect to cooperation and coordination under sections 25, 26 and 27, to other property of the debtor that under the laws of Malaysia, should be administered in those proceedings.

Coordination of proceedings under Malaysian insolvency law and foreign proceedings

Section 28 — AKTA INSOLVENSI RENTAS SEMPADAN 2026 | mylaw.my