A bankrupt is not allowed to transfer his property to a third party once a Bankruptcy Order has been entered against him. As soon as a person is declared bankrupt, any of his property shall be automatically vested upon the DGI.
A bankrupt is not allowed to transfer his property to a third party once a Bankruptcy Order has been entered against him. As soon as a person is declared bankrupt, any of his property shall be automatically vested upon the DGI.
Level 2-3, Legal Affairs Building, Presint 3, Federal Government Administrative Centre 62692 Putrajaya
Tel : 03-8885 1000 Fax : 03-8885 1303
E-mel : webmaster at mdi dot gov dot my
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