Insolvency Act · 2022 Revised Edition · Part · Preliminary
2. Act binds Government
Official textFrom Attorney General's Chambers, unchanged
Subject to subsection (2), this Act binds the Government so far as affecting or relating to the following matters —
remedies against, or against the property of, the companies;
priorities of debts;
transactions at an undervalue or preferences;
voluntary arrangements approved.
For the avoidance of doubt, this Act shall be read subject to
Article 84C of the Constitution of Brunei Darussalam, and nothing in this
Act shall be construed as conferring on any court any jurisdiction or power to entertain any proceedings referred to in Article 84C of the Constitution of
Court
“Court”, in relation to a company, means a court having jurisdiction to wind up the company;
Brunei Darussalam.
Insolvency 20
insolvency
“insolvency”, in relation to a company, includes the approval of a voluntary arrangement or the appointment of a judicial manager;
Terms defined in s 3
Court
Defined · s 3“Court”, in relation to a company, means a court having jurisdiction to wind up the company;
insolvency
Defined · s 3“insolvency”, in relation to a company, includes the approval of a voluntary arrangement or the appointment of a judicial manager;
property
Defined · s 3“property”, in relation to a company, includes money, goods, things in action and every description of property, whether real or personal, and whether in Brunei Darussalam or elsewhere, and also obligations and every description of interest whether present or future or vested or contingent arising out of, or incidental to, property.
Part 2
Part 3
Part
Judicial Management
Part
Winding Up of Companies Registered Under Companies Act
Chapter I
Chapter II
Chapter III
Chapter IV
Chapter V
Chapter VI
Chapter VII
Chapter VIII
Chapter IX
Chapter X
Part