This talk features new threshold of issuing a Notice Pursuant to s 218 (now 465 and 466) of the new Act, definition of Unable to pay its debts, affidavit verifying petition, new commencement of the Winding Up, affidavit In opposition to petition, appointment of an INTERIM Liquidator, Official receiver or the (Private) liquidator and others.
Alex Chang read laws at Queen Mary College, University of London. He is the advisory Editor of the Companies Winding Up Handbook, and has been a contributor to the Malaysian Court Forms, Winding Up section Volume 6. Give talks organised by Bar Council and numerous other associations. 12 years ago, he pioneered the concept of pay up or wind up. In rare occasions when his clients did not get paid, he would then wind up the debtors. He was the leading counsel in winding up of two public companies, Berhad,(CNLT Far East Berhad and FW Industries Berhad(2006) 1LNS 254 and countless private limited companies (Sdn Bhd).
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