877 - AKTA INSOLVENSI RENTAS SEMPADAN 2026 — Malaysia law | Esheria

877 - AKTA INSOLVENSI RENTAS SEMPADAN 2026

This Act sets rules for cross-border insolvency: foreign representatives may seek recognition and relief in Malaysian courts, foreign creditors get access, and the Court may cooperate with foreign courts.

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction
Malaysia
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Official source
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cooperation court access cross-border insolvency financial stability foreign creditors foreign representatives recognition of foreign proceedings regulatory approval simultaneous proceedings

Statute overview

About this statute

This Act sets rules for cross-border insolvency: foreign representatives may seek recognition and relief in Malaysian courts, foreign creditors get access, and the Court may cooperate with foreign courts. Foreign proceedings recognition, relief, cooperation, or coordination is not allowed in certain cases, unless prior written approval is obtained from the relevant authority.