Archive for June, 2012

All You Need To Know About Bankruptcy| Bankruptcy Act 1967

Bankruptcy is a legal procedure involving an individual or business, who is unable to repay the outstanding debts. According to Malaysia Department of Insolvency(MDI), total number of bankruptcy cases register as at 31 May 2010 is at 217,577. MDI is a premier government agency leading the national administration and regulation of insolvency matters in Malaysia. […]