Judicial management as a corporate rescue tool: A call for balance between secured and unsecured creditors
Dr Sujata Balan / The Edge Malaysia 7 October 2024 The judicial management scheme, introduced by Malaysia’s Companies Act 2016 (CA 2016), represents a significant shift in the nation’s corporate rescue framework. The scheme presents a new way to help financially-distressed companies rehabilitate without going into liquidation. Rooted in Singaporean and UK laws, the scheme …