Malaysia legislation

Section 2

of PARTNERSHIP ACT 1961

Section 2

In this Act-

"bankruptcy" means-Interpretation.

(a)

being the subject of an order of adjudication under the Bankruptcy Act, 1967;

55/67.

(b)

entering into an arrangement to pay creditors less than the full amount owed; or

(c)

dying in insolvent circumstances;

"business" includes every trade, occupation, or profession.

Section 2 — AKTA PERKONGSIAN 1961 | mylaw.my