Section 418. Information to be given by and to judicial manager

(1) Where a judicial management order has been made, the judicial manager shall—

(a) send a copy of the order to the Registrar and the company within seven days of the making of the order;

(b) publish a notice of the order in one widely circulated newspaper in Malaysia in the national language and one widely circulated newspaper in Malaysia in the English language; and

(c) send such a notice to all creditors of the company, so far as the judicial manager is aware of the addresses within thirty days from the making of the order, unless the Court otherwise directs.

(2) The company shall submit a statement as to the affairs of the company in accordance with section 419 within fourteen days from the receipt of the order referred to in paragraph (1)(a) or such longer period as may be allowed by the judicial manager which should not exceed sixty days.

(3) Any person who, without reasonable excuse, contravenes this section commits an offence and, in the case of a continuing offence, to a further fine not exceeding five hundred ringgit for each day during which the offence continues after conviction.

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