We are told to pay up or lose our land titles: Residents
KUCHING: Residents of Tabuan Park here claim they are under threat of losing their land titles if they do not reimburse the housing developer’s costs and expenses. A representative of the residents said the developer, Bayu Sempurna Sdn Bhd – which took over from the previous developer which was declared bankrupt – has yet to […]
Government to review laws on bankruptcy
KUALA LUMPUR: The government will review laws on bankruptcy so that they do not create a stigma and prevent individuals who have been declared bankrupt from working and doing business to pay off their debts. Minister in the Prime Minister’s Department (Parliament and Law) Datuk Seri Dr Wan Junaidi Tuanku Jaafar said he was in talks […]
Review bankruptcy laws, urges Wan Junaidi
KUCHING: Minister of Entrepreneur Development and Cooperatives Datuk Seri Dr Wan Junaidi Tuanku Jaafar has called for a review of the laws pertaining to bankruptcy. He said the laws were unjust whereby too many restrictions were being imposed on those who had filed for bankruptcy, making them incapable of settling their debts. “The problem is […]
