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Bankruptcy Annulment & Discharge Quiz

Authored by SITI AISHAH ASLAH

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Bankruptcy Annulment & Discharge Quiz
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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

According to S 105(1), how many grounds are there upon which a bankruptcy order may be annulled?

One

Three

Two

Four

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

In the case of MOHAMAD HANIFA BIN MOHAMED YUSOOF v SIKANDAR BATCHA BIN ABDUL MAJEED [2002] 3 MLJ 164, who was acting as the President of KIMMA?

The court

The debtor

Sikandar Batcha Bin Abdul Majeed

Mohamad Hanifa Bin Mohamed Yusoof

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What must be shown for the court to exercise its discretion to annul the bankruptcy order?

One of the grounds specified in S 105(1)

The debtor's nationality

The debtor's identity

The debtor's occupation

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

WHAT ARE OPINION OF THE COURT A DEBTOR OUGHT TO HAVE BEEN ADJUDGED BANKRUPT

WHERE THE SERVICE OF THE BANKRUPTCY NOTICE WAS DEFECTIVE

WHERE THE BANKRUPTCY PROCEEDINGS WERE FILED MORE THAN SIX YEARS AFTER THE DATE OF THE JUDGMENT WITHOUT LEAVE OF COURT

WHERE THE JUDGMENT THAT BROUGHT ABOUT THE BANKRUPTCY PROCEEDINGS HAS BEEN NOT BEEN SET ASIDE, OR ADMITTED TO HAVE BEEN WRONGLY OBTAINED AGAINST THE BANKRUPT

WHERE THE PETITION HAD BEEN FILLED PREMATURELY

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

WHAT IS THE AUTHORITY REFERRED TO THIS STATEMENT "THE COURT IS SATISFIED THAT ALL DEBTS WHICH HAVE BEEN ACTUALLY AND PROPERLY PROVED IN THE BANKRUPTCY HAVE BEEN SETTLED IN FULL"?

R. 139 (2) IR

S 139 (1) IA

R. 139 (3) IR

R. 139 (1) IR

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

WHAT ARE THE AUTHORITY REFFERRED TO THIS STATEMENT "WHERE A CREDITOR CANNOT BE FOUND OR IDENTIFIED, ANY DEBT DUE TO SUCH A CREDITOR SHALL BE CONSIDERED AS PAID IN FULL IF PAID INTO COURT"?

R. 105(4) IR

S. 105(1) IA

S. 105(4) IA

S. 105(2) IA

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Discharge of bankruptcy may be by the following

bankrupt’s application to court

JC

DGI

automatic discharge

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