(English) Liability of a Guarantor under the Insolvency Act 1967 by Mavinthra Jothy - (Thomas Philip Advocates & Solicitors)
Everything you need to know about the liability of a guarantor under the Insolvency Act 1967.
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The guarantor of a loan is liable to pay the loan if the debtor fails to do so. In today's commercial world, a guarantor may be required in a variety of transactions ranging from home rental to appliance purchase, to financing applications.
More often than not, guarantors willingly sign the contract of guarantee without fully realising the impact it may have in the future.
So what if you are a guarantor for an educational loan, hire-purchase loan or housing loan for a friend or relative? Can the creditors come after you as the guarantor if the debtor fails to pay his/her loan? What protection does the law provide for guarantors, if any?
Find out more in this SME Table Talk where our Senior Associate - Mavinthra Jothy, sheds light on the liability of a guarantor under the Insolvency Act 1967.
Thomas Philip Advocates & Solicitors is organising a physical SME Table Talk on
" Liability of A Guarantor under The Insolvency Act 1967 "
Join us in this session where Senior Associate of Thomas Philip Advocates & Solicitors shares with you insights on the liability of a guarantor, and what are the impacts it may have on someone when the person signs the contract of guarantee.
There are two methods for you to learn
- Method #01: Physical Seminar
- Method #02: Online Training / e-Learning
Method #01: Physical Seminar
Title: Liability of A Guarantor under The Insolvency Act 1967
Location: Crysta Ville 2, 5-1, Jalan 22A/70A Wisma CKL, Desa Sri Hartamas, 50480 Kuala Lumpur, Malaysia, 5, Jalan 22a/70a, Desa Sri Hartamas, Kuala Lumpur Malaysia
Date & Time: Thursday, 17 October, 6:30 PM – 8:30 PM
- 6:30 PM : Registration & Networking
- 6:50 PM : Hello from Thomas Philip Advocates & Solicitors
- 7:00 PM : Sharing Session on "Can You Sue A Public Authority or Government Body?" by Mavinthra Jothy Thillainatham
- 8:00 PM : Q&A + Networking
- 8:30 PM : Event Close
Click here to sign up for physical seminar
**Refreshments are available**
Method #02: Online Training / e-Learning
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Your Instructor
Mavin Thillainathan, a Senior Associate in the firm’s Corporate and Commercial Litigation department holds an LL.B (Hons.) degree from the University of Reading, U.K. He was admitted as a Barrister-at-Law (Inner Temple) in 2014 and to the Malaysian Bar in 2015.
Areas of Practice:
- Shipping Law
- Commercial Litigation
- Arbitration
- General Litigation
Qualifications & Associations:
- LL.B (Hons.) degree, University of Reading, U.K.
- Barrister-at-Law, Inner Temple, U.K.
- Advocate & Solicitor of the High Court of Malaya
Course Curriculum
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