Malaysia legislation

Section 3

of INSOLVENCY (AMENDMENT) ACT 2023

Section 3

Amendment of section 15

(a)

in the shoulder note, by substituting for the words

“First and other meetings of creditors” the words

“Meeting of creditors”;

(b)

in subsection (1)—

(i)

by substituting for the words “a general meeting of his creditors, in this Act referred to as the first meeting of creditors, shall” the words

“, a meeting of creditors may”; and

(ii)

by inserting after the words “bankrupt’s property”

the words “, and for any other purpose as may be prescribed”; and

(c)

in subsection (2), by substituting for the words

“first and other meetings of creditors” the words

“meeting of creditors”.

Amendment of section 17