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Corporate Insolvency Laws in Abandoned Housing Projects

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Dahlan, Nuarrual Hilal
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Sintok : Universiti Utara Malaysia, 2014.
Temas:
Acceso en línea:Texto completo

MARC

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245 1 0 |a Corporate Insolvency Laws in Abandoned Housing Projects  |h [electronic resource]. 
260 |a Sintok :  |b Universiti Utara Malaysia,  |c 2014. 
300 |a 1 online resource (262 p.) 
500 |a Description based upon print version of record. 
505 0 |a Intro -- Preface -- Acknowledgements -- Abbreviations -- Cases -- Statutes -- 1 | Introduction -- Abandoned housing projects in Peninsular Malaysia -- Definition of abandoned housing projects -- Abandoned housing projects as reported by the case law -- Causes of housing abandonment -- Insolvency of housing developer companies -- Grievances of purchasers in abandoned housing projects in Peninsular Malaysia 
505 8 |a 1 This can be seen from the funding provisions for public housing in the National Development Plan through the Second Malaysia Plan amounting to RM 171.89 million, Third Malaysia Plan-RM 710.15 million, Fourth Malaysia Plan-RM 1.458 billion, Fifth Malaysia Plan-RM 1.979 billion, Sixth Malaysia Plan-RM 803 million, Seventh Malaysia Plan-RM 2.875 billion, Eighth Malaysia Plan- RM 4.223 billion and finally for the Ninth Malaysia Plan-RM 18.445 billion. For the latest Ninth Malaysia Plan, see Econom -- 2 | Insolvency Law and Issues -- Types of insolvency of housing developer companies 
505 8 |a Liquidation or winding up of companies -- Purpose of liquidation -- Priority of debts payment -- The superiority of the creditors and contributories -- Effect of liquidation -- Provisional liquidator -- Receivership -- Scheme of Arrangement (SOA) -- Recommendations by Corporate Law Reform Committee (CLRC) -- Rehabilitation of abandoned housing projects -- Recent development on measures to deal with abandoned housing projects -- Special law to govern rehabilitation of abandoned housing projects 
505 8 |a 53 According to Walter CM Woon, any creditor, secured or unsecured, may present a petition for the winding up of the company. A prospective or contingent creditor may also present such a petition. A contingent creditor is a creditor in respect of a debt which will only become due upon the happening of an event which may or may not occur. A prospective creditor is a creditor in respect of a debt which will certainly become due in the future, either on some date which has been already determined o -- 3 | Case Study One: K&T Development Sdn. Bhd. -- Summary of the project151 
505 8 |a The winding up and post winding up stage -- Issues and problems -- Legal analysis -- Recommendations by the Corporate Law Reform Committee (CLRC) -- The appointment of Judicial Manager -- The improvement in the appointment and powers of Receiver and Manager -- The establishment of Corporate Voluntary Arrangement 
500 |a 150 On 20 October, 1999, Majlis Perbandaran Kajang ('MPKj') issued CF for the 86 and 136 units of the medium-cost-single-storey-terraced-houses in accordance with Plan No. MPKJ 6/P/14/23 PT.1, which had been approved by the Majlis Daerah Hulu Langat ('MDHL') on 15 December 1994 and 18 October, 1995, respectively. These are based on files number MPKj PB/KM 2/41-99 and MPKJ 6/P/14/93/PT 1. 151 See Nuarrual Hilal Md. Dahlan, "Abandoned housing projects in Peninsular Malaysia: Legal and regulatory f. 
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650 0 |a Bankruptcy  |z Malaysia. 
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