07 March 2023 At the recent budget presentation of the Belanjawan 2023 initiative, the Prime Minister announced that bankruptcy cases with debts of less than RM50,000.00 will be discharged immediately with effect from 1.3.2023. Based on the Guidelines issued by the Malaysian Department of Insolvency for the discharge of bankruptcy under small-scale debts (w.e.f 1.3.2023), […]
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