Being bound by a ‘bankrupt’ status is oftentimes burdensome because bankrupts would be restricted from carrying out what a normal person could do such as travelling overseas (unless with a written permission from the Director General of Insolvency [‘DGI’] or an Order from the Court), taking on loan with the financial institution and working in…
One of the highlights of the Budget 2022, proposed by Tengku Datuk Seri Zafrul Abdul Aziz, our Minister of Finance, is that the disposal of real property by individual citizens and permanent residents (Part I as below) starting from the Sixth (6) years and above will be removed. Section 30 of the Finance Bill 2021…
Purchase of Properties in Malaysia by Foreigners With the blooming of the real property market in Malaysia, it is an ideal time for foreign investors to invest in the country. It is often said that Malaysia is still amongst the countries in Asia which has the most affordable property prices. Apart from that, with the…
The Differences Between a Conventional and Islamic Housing Loan and the Consequences of Default Regardless of whether you are a Malaysian or a foreigner, you are spoiled with choices of housing loans offered by banks in Malaysia, tailored depending on your needs. Most banks in Malaysia offer both Conventional and Islamic Housing Loan. How then…
This article aims to discuss the procedures to divorce when the whereabouts of the spouse is unknown. The only way to dissolve a marriage when the whereabouts of the spouse is unknown is to file for a single divorce proceeding. Section 106 of the Malaysia Law Reform (Marriage and Divorce) Act 1976 (hereinafter referred to…
The Strata Legislations provides for the maintenance and management of strata schemes and comprehensive procedures, scope of power and duties to different types of management bodies. Thus, it is essential for these different Strata Management Bodies to maintain and manage the subdivided buildings and their common properties in accordance with the statutory legislation [collectively “Strata…
The article seeks to discuss on the principles of AR Registered Post with reference to relevant case law and statute. What is AR Registered Post? Apart from the personal service, another method for service of court documents is by way of the AR Registered Post. AR Registered Post is a mail service offered by Pos…
What is small claims procedure? The small claims procedure is a relatively cheap, fast and easy way for parties to resolve some types of disputes in the Magistrates’ Court, generally without having to engage a solicitor. What is a “small claim”? A “small claim” is a claim for money where the amount in dispute or…
Introduction Most of the people think that when they have won the case, they will automatically be paid and that is the end of the case. Unfortunately, no, it is not. If the other side (judgment debtor) does not voluntarily pay, all you (judgment creditor) have is a piece of paper that says you are…
Introduction The COVID-19 crisis has fundamentally changed the way that we work on a day-to-day basis. Many common, everyday actions have become unsafe, inconvenient or even, impossible. For example, the execution of contracts and other documents which are typically required to be formalized in person by signing a ‘wet’ signature. This has become increasingly difficult…
