Malaysia Department of Insolvency (MdI)

Malaysia Department of Insolvency (MdI) is also commonly known as the Jabatan Insolvensi Malaysia (JIM) in Malay language.
Jabatan Insolvensi Malaysia (JIM) Logo

Logo of the Malaysia Department of Insolvency (MdI)

Malaysia Department of Insolvency (MdI) is a government agency that administers:
  • bankruptcy cases

  • bankrupt's affairs

  • winding up companies

  • de-registered associations or societies and trade unions

in Malaysia.

Initially established in 1949 as the Bankruptcy Office.

In 1963, the Office was renamed Official Assignee's Department (Malay: Jabatan Pemegang Harta Malaysia). On October 1, 2003, the Department was again renamed the Jabatan Insolvensi Malaysia (JIM), or less formally the Department of Insolvency Malaysia, in tandem with the amendments to the Bankruptcy Act 1967 [Act 360].

Effective October 2009, Jabatan Insolvensi Malaysia (JIM) is officially known as the Malaysia Department of Insolvency (MdI).

Malaysia Department of Insolvency (MdI) is a department under the purview of the Legal Affairs Division, Prime Minister's Department (Malay: Bahagian Hal Ehwal Undang-Undang, Jabatan Perdana Menteri) since 1995.

The primary functions of Malaysia Department of Insolvency are:
  • discovery of assets

  • realization of assets

  • ascertainment of debts

  • distribution of payment to creditors

The Malaysia Department of Insolvency (MdI) is a member of the International Association of Insolvency Regulators (IAIR).

Jabatan Insolvensi Malaysia (JIM) Screenshot

Screenshot of the Malaysia Department of Insolvency (MdI)

The Malaysia Department of Insolvency (MdI) official website features:
  • Downloadable Forms:
    • Application to be employed by relative or family members [Borang D]

    • Application to be self-employed [Borang C]

    • Application to travel overseas [Borang A Application Form, Borang B Penjamin, Borang C Pembiaya, Borang D Penyata Pendapatan dan Perbelanjaan]

    • Accounts [Surat Akuan Sumpah, Bon Ganti Rugi]

    • Sanction Application [Permohonan Sanksi KPI Borang A, Bon Jaminan Lampiran F-1, Aku Janji Penjamin Lampiran E-1, Aku Janji Peguam Borang A2, Aku Janji Bankrap Untuk Permohonan Sanksi Borang A1]

    • Search [Company Winding Up Borang L, Individual Bankruptcy Borang K]

    • Winding Up

  • Assets and Tender Sales

  • Fees and Charges: Individual Bankruptcy and Company Winding Up

  • FAQs: Bankruptcy, Liquidation, Accounts, Search and MyBayar

  • Statistics: Bankruptcy, Liquidation, Investigation and Enforcement, Search

Online services available are:
  • e-Insolvensi: Online case management system for users to update their profile, view monthly payment history, conduct individual bankruptcy search, conduct company winding-up search. RM10 fee will be imposed for each search.

    e-Insolvensi Screenshot

    Screenshot of e-Insolvensi Malaysia

  • MyBayar: Online payment system for bankrupts to make monthly installment payment.

  • Insolvency Notification System: Financial institutions and banks will be notified by the MdI of a list of bankrupts and companies wound up within 24 hours after receiving notification from the Court about a Receiving Order and Adjudication Order or Winding Up Order.

Address:   Head Office

Malaysia Department of Insolvency
Level 2-3, Legal Affairs Building
Precint 3
Federal Government Administrative Centre
62692 Putrajaya
Notes:   Official website available in English and Malay versions.

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Keywords :  
bankrap   bankruptcy   kebankrapan   liquidation   mdi   jim   winding up   proof of debt   insolvency
Guide ID: 2179 - Last Updated: February 21, 2019