Malaysia legislation
Section 29
Section 29
(a)
within two days after such appointment give written notice thereof to the affected person;
(b)
within seven days after such appointment lodge a notice of the Special Administrator’s appointment with the
Registrar of Companies in the form prescribed under this
Act; and
(c)
within seven days after such appointment cause a notice of the Special Administrator’s appointment to be published in at least two national daily newspapers, one of which shall be in the national language.
(2)
Every invoice, order for goods or services, business letter, cheque, credit note or negotiable instrument or bill of lading which, after the appointment of a Special Administrator in relation to the affected person, is issued by or on behalf of the affected person or the
Special Administrator, being a document on or in which the affected person’s name appears, shall contain the words “Special
Administrator Appointed” or similar words.
(3)
A contravention of this section shall not affect the validity of the acts of the Special Administrator in the administration of the affected person.
(4)
Any person who contravenes this section commits an offence and shall on conviction be liable to a fine not exceeding two hundred and fifty thousand ringgit or to imprisonment for a term not exceeding three years or to both.
38 Laws of Malaysia
Effect of appointment of Special Administrator