Section 408
Notice of application for judicial management order
ActIn forceProvision 408 of 768
Section 408
(a)
to be advertised in one widely circulated newspaper in
Malaysia in the national language and one widely circulated newspaper in Malaysia in the English language; and
(b)
to be given—
(i)
to the company, in a case where a creditor is the applicant; and
(ii)
to any person who has appointed or is or may be entitled to appoint a receiver or receiver and manager of the whole, or substantially the whole of a company’s property under the terms of any debentures of a company.
(2)
The applicant shall notify the Registrar of any application made under subsection (1) in the form and manner as determined by the
Registrar.