By Gan Jer Nynn The judicial management (“JM”) is another Corporate Rescue Mechanism available under the Companies Act 2016. This temporary court-supervised rescue mechanism is applicable for a company in financial distress to facilitate the rehabilitation or the restructuring of the company.
Category Archives: Insolvency
By Gan Jer Nynn The Movement Control Order has had a huge impact to the general business environment. On 6th April 2020, the Prime Minister of Malaysia announced the Additional PRIHATIN SME Economic Stimulus Package, where the Companies Commission of Malaysia (“SSM”) is involved in some of the initiatives. On 10th April 2020, the[Read More]