CIRN & CO — Credit Insolvency Recovery Network
Insights

Practical briefs on recovery & insolvency.

Working notes from our practice on Malaysian commercial debt recovery, insolvency and litigation — written for creditors and credit teams, not for footnotes.

Recovery strategy

Statutory demand vs. letter of demand: which to use, when.

Choosing between a Companies Act 2016 s.466 statutory demand and a conventional letter of demand — timelines, costs, and the strategic trade-offs.

Read →
Insolvency

Bankruptcy threshold raised to RM 100K: what changes for creditors.

The Insolvency (Amendment) Act 2023 lifted the bankruptcy threshold from RM 50,000 to RM 100,000 — a practical brief on what it changes for recovery.

Read →
Enforcement

Garnishee orders: tracing and freezing the debtor's bank accounts.

Order 49 Rules of Court 2012 in practice — identifying the right banker, structuring the affidavit, and converting a judgment into cash.

Read →
Litigation

When can a director be made personally liable?

Lifting the corporate veil under s.540 Companies Act 2016, fraudulent trading, and the practical triggers Malaysian courts have accepted.

Read →
Cross-border

Enforcing a Malaysian judgment in Singapore, Hong Kong & ASEAN.

REJA, REFA and the Hague Convention 2005 — a practitioner's map of which routes work, where, and how long realistic cross-border enforcement takes.

Read →
Construction

CIPAA 2012: how adjudication accelerates construction payment claims.

The Construction Industry Payment & Adjudication Act 2012 gives unpaid contractors a 45-day route to a binding payment decision.

Read →