Debt dilemma: 160,000 bankruptcy cases stalled due to document delays | New Straits Times
KUALA LUMPUR: As of July, there are 159,781 unresolved bankruptcy cases in Malaysia, according to the Malaysian Department of Insolvency (MDI). MDI director-general M. Bakri Abd Majid attributed the delays primarily to individuals’ failure to cooperate by submitting essential documents. According to a Malay daily, these include lists of liabilities, completed statutory forms like the…