Azalina: Insolvency Act amendments to be enforced tomorrow

The new amendments to the Insolvency Act 1967, aimed at giving those who are bankrupt a “second chance”, will be enforced starting tomorrow, said Minister in Prime Minister Department (Law and Institutional Reform) Azalina Othman Said.

“In line with the objectives of the Second Chance Policy, amendments to Section 33C and Subsection 33B(2A) will be enforced retrospectively for bankruptcy cases administered before the commencement of the amendments...