10 October 2017

Major reforms to insolvency laws with the coming into effect of the Bankruptcy (Amendment) Act 2017

Pursuant to the gazette notification dated 3 October 2017, the new Bankruptcy (Amendment) Act 2017 came into force on 6 October 2017 bringing major reforms to insolvency laws in Malaysia.

Simultaneously, the following came into force on 6 October 2017:

For our Client Alert on the reforms under the Bankruptcy (Amendment) Act 2017, please click here.

If you have any questions or require any additional information, you may contact Ravichandran Sinnappah, Khoo Kay Ping or the ZICO Law partner you usually deal with.

This alert is for general information only and is not a substitute for legal advice.


On 1 December 2022, KPMG and ZICO Law entered into an agreement under which a number of law firms and teams from the ZICO Law network have joined the KPMG network of firms.

The deal will see more than 275 lawyers join over 2,900 legal professionals in the KPMG global organization, creating a significant legal footprint across Asia. It will offer legal services and solutions, a globally connected legal services platform, and specialists who work with leading technology providers to modernize legal functions across organizations. The strategic combination increases the total number of legal professionals in the KPMG network to over 3,750 across 84 jurisdictions. You may read the press release here.

For more information and to see how we can assist you in your desired jurisdiction, please follow the links below: