Question

Answer

Pursuant to Companies Act 2016 Section 372, “Any person who is an approved liquidator referred to in section 433 shall be qualified to be appointed as receiver or receiver and manager.”. Section 385 state that an approved liquidator may be appointed as receiver or receiver and manager if an application is made to the court in the event that the company is wound up by court order.

(Malaysia)

 

Alex Chiang

Alex Chiang

Director – Malaysia & Singapore Offices

+60 12 377 5381
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