Insolvency legal framework strengthened in Brunei
THE Ministry of Finance and Economy yesterday announced that His Majesty Sultan Haji Hassanal Bolkiah Mu’izzaddin Waddaulah ibni Al-Marhum Sultan Haji Omar ‘Ali Saifuddien Sa’adul Khairi Waddien, Sultan and Yang Di-Pertuan of Brunei Darussalam consented for the introduction of the Insolvency (Winding Up) Rules, 2018 and Insolvency (Insolvency Practitioners) Rules, 2018 which are aimed at further strengthening the insolvency legal framework in Brunei Darussalam. The new rules took effect from September 19.
Amendment ensures effective enforcement for striking off companies from the Register
THE Ministry of Finance and Economy in a press release has announced that His Majesty Sultan Haji Hassanal Bolkiah Mu’izzaddin Waddaulah ibni Al-Marhum Sultan Haji Omar ‘Ali Saifuddien Sa’adul Khairi Waddien, Sultan and Yang Di-Pertuan of Brunei Darussalam has consented for the introduction of the Companies Act (Amendment) Order, 2018 and Companies (Striking Off) Rules, 2018 which are aimed at further strengthening the Companies Act (Chapter 39) in Brunei Darussalam with effect from September 13, 2018.
Talks enliven 1440 Hijrah celebration
THE Ministry of Finance and Economy (MoFE) held a ceremony to commemorate the new Islamic year of 1440 Hijrah organised by the Royal Customs and Excise Department at the Theatre Hall of the MoFE building, Commonwealth Drive, Jalan Kebangsaan yesterday.
