Winding up is a process of ending a company while insolvency deals with individuals who are in the state of insolvent, which usually result in the individual being declared a bankrupt. These are among the methods used to recover debt.
The new Insolvency Act 1967 which comes into force in 2017 brings about a lot of changes and our legal team strive to offer our best in assisting client in accordance with the new law.
- Issuing Letter of Demand
- Negotiating settlement with the judgment debtor
- Representing and defending clients in Bankruptcy Proceedings
- Representing and defending clients in Winding-up Proceedings
- Represented a multi-national construction company to oppose an injunction to restrain client from presenting a winding-up petition
- Represented our client who was adjudged a bankrupt to negotiate with bank for settlement. It was a successful negotiation as the bank agreed to reduce the debt for our client to settle the matter. Thereafter we successfully represented our client in his discharge application.
- Advised and represented a company on Creditor’s Voluntary Winding Up under Companies Act 2016
|Ow Jeong Jun|
Related Articles and Updates
Malaysia’s legal system provides a cost-effective small claims procedure to individuals, sole proprietors and partnerships…
Wednesday, 8 June 2022 3:00 pm – 4:00 pm Company Constitutions: Are They Necessary? About…
Wednesday, 15 June 2022 3:00 pm – 4:00 pm Liquidated Damages for Late Delivery of…
A scheme of arrangement is essentially an agreement made between a financially distressed company and…
The successful party in adjudication proceedings can commence winding-up proceedings against the losing party based…
Wednesday, 27 April 2022 3:00 pm – 4:00 pm Minority Shareholders’ Rights About this talk…