Bankruptcy Threshold Now RM100,000
Lua Ai Siew, Lawyer, Messrs. Soo Thien Ming & Nashrah
You can share this podcast by copying this HTML to your clipboard and pasting into your blog or web page.
The Insolvency (Amendment) Bill 2020 was passed to increase the minimum bankruptcy threshold from RM50,000 to RM100,000 for debts owed. Lua Ai Siew, a lawyer at Messrs. Soo Thien Ming & Nashrah helps us understand the impact of these amendments.
Produced by: Sim Wie Boon
Presented by: Roshan Kanesan, Noelle Lim
Download the BFM mobile app. Stay at home and stay up-to-date.