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CROSS-BORDER INSOLVENCY ACT 2026/Section 31

Malaysia legislation

Section 31

of CROSS-BORDER INSOLVENCY ACT 2026

Section 31

In the absence of evidence to the contrary, the recognition of foreign main proceedings, for the purpose of commencing proceedings under Malaysian insolvency law, is proof that the debtor is unable to pay its debts within the meaning assigned under Malaysian insolvency law.

Read in full context — CROSS-BORDER INSOLVENCY ACT 2026 →
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