Islamic Financial Services Act 2013 · s 54

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s 54Non-recognition of insolvency order by foreign court

Notwithstanding any other written law, a court shall not recognize or give effect to an order of a foreign court exercising jurisdiction under any law of insolvency outside Malaysia in so far as the making of the order would be inconsistent with or contrary to the provisions of this Division.

*NOTE—The Companies Act 1965 [Act 125] has since been repealed by the Companies Act 2016

[Act 777] which comes into operation on 31 January 2017–see subsection 620(1) of Act 777.

**NOTE—Bankruptcy Act 1967 [Act 360] has been amended and referred as Insolvency Act 1967

[Act 360] which comes into operation on 6 October 2017–see sections 4 and 5 Bankruptcy (Amendment)

Act 2017 [Act A1534] and P.U. (B) 466/2017.

Islamic Financial Services 85