Section 28
of Cross-Border Insolvency Act 2026
ActIn forceProvision 28 of 35
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.