Malaysia legislation
Section 16
Section 16
Section 33c as amended by section 9 of this Act shall also apply to a person who has been adjudged bankrupt before the coming into operation of this Act subject to the following:
(a)
a person who has been adjudged bankrupt who has filed his statement of affairs shall be discharged automatically from bankruptcy—
(i)
if a person who has been adjudged bankrupt has paid the sum of money determined by the
Director General of Insolvency, for the purposes of the administration of his estate, having regard to his financial ability; and
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(ii)
if a person who has been adjudged bankrupt has complied with the requirement to render an account of moneys and property to the Director
General of Insolvency under paragraph 38(1)(b)
of the principal Act;
(b)
a person who has been adjudged bankrupt shall be suspended from the automatic discharge for a period not exceeding two years if the person who has been adjudged bankrupt has failed to comply with his duties and obligations under the principal Act;
(c)
for the purposes of automatic discharge, the Director
General of Insolvency shall serve a notice of the automatic discharge on each creditor who has filed a proof of debts within twelve months after the coming into operation of this Act; and
(d)
for the purposes of suspension of the automatic discharge, the Director General of Insolvency shall serve a notice of the suspension of the automatic discharge on the person who has been adjudged bankrupt and on each creditor who has filed a proof of debts within twelve months after the coming into operation of this Act.
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