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    Developments in bankruptcy and insolvency laws in Singapore and Malaysia
    2021-07-07

    This article looks at some recent developments in the bankruptcy and insolvency laws in Singapore and Malaysia.

    Singapore: Dispositions of property

    Under the Singapore bankruptcy law, any disposition of property made by a bankrupt since the day of making the application for the bankruptcy order is void unless the court consents to, or ratifies, the disposition. This rule is enshrined in section 328 of the Insolvency, Restructuring and Dissolution Act, 2018 (the IRDA).

    Filed under:
    Malaysia, Singapore, Insolvency & Restructuring, Litigation, JTJB LLP, Coronavirus
    Authors:
    Hariz Lee
    Location:
    Malaysia, Singapore
    Firm:
    JTJB LLP
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