Law and Practice of Corporate Insolvency in Malaysia

KEY FEATURES:

• Contains a wealth of practical guidance on corporate insolvency practice
• Panel of contributors consists of experienced corporate insolvency practitioners from both the legal and accounting professions
• Fully up-to-date with citation of relevant statutory provisions
• Replete with invaluable leading local and foreign case authorities
• Illuminates the difficult areas of corporate insolvency law and practice, such as investigations, cross-border insolvency and company voluntary arrangements

When companies are successful, businesses prosper. When companies can no longer pay their debts, they become insolvent, and businesses fail.

In addressing the complex technical subject of corporate insolvency, this textbook provides invaluable legal and practical guidance from an experienced group of legal and accountancy practitioners writing in collaboration. Contemporary challenges which face both practitioners and judges are addressed by incisive analysis and commentary.

This book deals comprehensively with the law of corporate insolvency in Malaysia, as follows:

1. discusses schemes of arrangement
2. judicial management and company voluntary arrangements under the Companies Act 2016
3. the winding-up process
4. the effects of winding-up, proof, valuation and ranking of claims
5. the avoidance of antecedent transactions
6. investigations
7. proceedings against the directors
8. tax in liquidation and more

The practical and analytical approach taken by this book greatly helps both those who are new to corporate insolvency practice in Malaysia as well as lawyers who would find the materials and references in this book a useful point of first reference.