What are the restrictions on a bankrupt?

  • Shall not be appointed or act as Sessions Court Judge or Magistrate.
  • Cannot be nominated for elections and / or be representative (lose eligibility to be member or hold any post in association).
  • Cannot be nominated or elected to or holding or exercising the office of Counciilor of a Local Authority.
  • Cannot maintain any action except with sanction of DGI.
  • Cannot leave the country except with DGI’s or court’s permission. 
  • Cannot enter into or carry on any business or act as director or take part in the management of company except with DGI’s or court permission.
  • Cannot work with spouse, family or relatives’ company except with DGI’s or court permission.
  • Not allowed to make loan exceeding RM1,000.00 without informing the lender that he was a bankrupt.

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