Insolvency Act · 2022 Revised Edition · Part · Judicial Management
42. Information to be given by and to judicial manager
Official textFrom Attorney General's Chambers, unchanged
Where a judicial management order has been made, the judicial manager shall —
immediately send to the Registrar a copy of the order;
immediately send to the company and publish a notice of the order in the Gazette and in a Malay and English local daily newspaper; and
within 28 days after the making of the order, unless the
Court otherwise directs, send such a notice to all creditors of the company (so far as he is aware of the addresses), and the Registrar shall enter the copy of the order in his records of the company.
Insolvency 56
A statement as to the affairs of the company shall be made out and submitted to the judicial manager in accordance with section 43
company
“company” means a company incorporated or registered under the Companies Act;
within 21 days after receipt by the company of the notice of the judicial management order. Any longer period allowed by the judicial manager shall not exceed 2 months.
A person who, without reasonable excuse, fails to comply with this section, is guilty of an offence and liable on conviction to a fine not exceeding $5,000, and, in the case of a continuing offence, with a further fine not exceeding $250 for every day or part thereof during which the offence continues after conviction.
Terms defined in s 3
company
Defined · s 3“company” means a company incorporated or registered under the Companies Act;
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;
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