Insolvency Asset Management Unit
Insolvency Asset Management Unit ASSET RECORDING Among the tasks of Insolvency Asset Recording are as follows: i. Administering the Insolvency Asset Recording System for all lists of movable and immovable Insolvency assets from the Bankruptcy Unit/Liquidation Unit at the branch. ii. Monitor the recording of all Insolvency Transfer asset lists from the Bankruptcy Unit/Liquidation Unit […]
Investigation and Enforcement Division
Investigation and Enforcement Division Function This division conducts investigation and enforcement relating to the law of bankruptcy. Investigation will be conducted based on the complaints lodged by stakeholders, public, and internal information referred to this division. The main function of this division is to investigate offences committed pursuant to the Insolvency Act 1967, the Insolvency […]
Liquidation Division
Liquidation Division Function The Liquidation Division acts as an administrator to carry out duties in administering the affairs on company winding up cases and deregistration of societies and trade union to ensure that the liquidation process is in accordance with the rules and provisions of the law to enable the agency to perform its functions […]
Corporate Communications Unit
Corporate Communications Unit Formulate and implement a comprehensive strategic communication plan to increase public awareness of the role and functions of the Malaysian Insolvency Department (MdI); Plan, coordinate and publicize the programs organized by the department through appropriate platforms; Coordinate and monitor the updating of information and content of the official website of the Malaysian […]
Integrity Unit
Integrity Unit Function To plan, monitor and coordinate as the secretariat for MdI’s Disciplinary Board for Support Group (No.2). To manage and supervise complaints/information received on officers’ misconduct. To plan, implement and monitor the implementation of awareness and appreciation of integrity programs. To act as the secretariat for MdI’s Anti-Corruption Committee Meeting. · To implement […]
Court Division
Court Division Function To represent the Director General of Insolvency (DGI) (for bankruptcy cases)/Official Receiver and Liquidator (for winding up cases)/ Official Receiver (RO) at the Federal Court, Court of Appeal and High Court; To handle cases involving bankrupts, wound up companies, deregistered Trade Unions and Societies at the Federal Court, Court of Appeal and […]
Accounts Division
Accounts Division Accounting Division is responsible for managing and controlling Trust and Revenue Accounts to ensure all transactions are accounted and accounts prepared in accordance to the relevant accounting standards, policies and procedures. The main functions of the Division are as follows: RECEIPT AND CONSULTANCY UNIT Managing the department’s revenue and non-revenue receipts received via […]
Management Division
Management Division Ensuring that support services are administered effectively and efficiently in administrative management, human resources (services) and financial management to achieve the vision and mission of the Malaysian Insolvency Department. This division consists of three main units, i.e. Human Resource Unit, Finance Unit and Administration Unit. Plan the development of human resources in terms […]
Policy, Legal & Strategic Communications Division
Policy, Legal & Strategic Communications Division 1. POLICY UNITS & LEGISLATION This unit is divided into two scopes: LEGISLATION Conduct legal research and provide legal opinions to MdI on insolvency law Enact primary and subsidiary legislation related to insolvency in line with government policy Review contracts and legal agreements signed by MdI POLICY Conduct legal […]
Bankruptcy Division
Bankruptcy Division FUNCTION 1. To ensure that bankruptcy cases are administered in an organized and effective manner in line with Insolvency Act [Act 360] and Insolvency Rules 2017;2. To supervise and monitor the administration of bankruptcy cases by 21 branches including: (a) Advertising and service of Bankruptcy Order;(b) Conducting initial investigation into the assets, liabilities […]
