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ASIC Secures Bankruptcy Orders Against Influencer Scholz

ASIC Secures Bankruptcy Orders Against Influencer Scholz
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Lee Kim Yew claims he is still solvent, says US arbitration court decision used in bankruptcy notice

SERDANG: Tan Sri Lee Kim Yew says that he is still "solidly solvent" and that it was a US arbitration court decision which was used to file a bankruptcy notice against him at the Malaysian Insolvency Department.

Najib claims IRB s bankruptcy notice over RM1 7b tax arrears aimed at damaging his political career, wants court to strike it out | Malaysia

KUALA LUMPUR, June 2 Datuk Seri Najib Razak has filed an application to ask the High Court to strike out the bankruptcy notice in relation to a sum of nearly RM1.7 billion in taxes and interest that the Inland Revenue Board (IRB) is demanding from him. Najib’s lawyer Muhammad Farhan Muhammad.

Permanent changes to the personal bankruptcy threshold - Insolvency/Bankruptcy/Re-structuring

To print this article, all you need is to be registered or login on Mondaq.com. On 18 December 2020 the Commonwealth Government issued a media release in relation to an increase to the minimum dollar threshold for issuance of a Bankruptcy Notice. As we have previously written the Commonwealth Government increased the threshold debt that a creditor could issue a Bankruptcy Notice for from $5,000 to $20,000 in response to COVID-19 pandemic. Those protection measures were scheduled to cease on 1 January 2021 and the threshold amount which a Bankruptcy Notice could be issued was expected to revert to $5,000. However, the Commonwealth Government has decided that the

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