Malaysia legislation
Section 23
Section 23
(2)
Where the Bank confirms a preliminary order, it may dispose of the shares surrendered to it under subsection 22(3) to such person and to such extent as the Bank may determine.
(3)
The proceeds of the disposal of the shares under subsection (2)
shall be paid into the High Court, and any person claiming to be beneficially entitled to the whole or any part of such proceeds may, within thirty days of such payment into the High Court, apply to a judge of the High Court in chambers for payment out of the proceeds to him.
Direction to give effect to order