Corporate Restructuring
Naidu Chambers · Updated 2026-05-10
When a Malaysian business faces financial distress, an opportunity to consolidate, or a need to reorganise its capital structure, the choice of corporate restructuring tool determines whether the business survives and how value is preserved.
Restructuring Tools Under the Companies Act 2016
Naidu Chambers advises on the full spectrum of statutory restructuring options available to Malaysian companies, including:
- Schemes of Arrangement — under sections 366 to 368 of the Companies Act 2016, with court-sanctioned compromise of creditor and member interests.
- Corporate Voluntary Arrangements (CVAs) — under section 395 onwards, allowing companies to bind creditors to a restructuring proposal without court hearings on the substantive plan.
- Judicial Management — under section 404 onwards, where an independent judicial manager takes control of a viable but distressed business.
- Receivership — for secured creditors enforcing fixed and floating charges.
- Members' and Creditors' Voluntary Liquidation — where restructuring is no longer viable and orderly winding up is the better outcome.
How We Help
We act for companies, directors, lenders, and creditor groups across the restructuring lifecycle — from early-warning advisory through to court applications, scheme drafting, and post-scheme implementation.
Our Approach
Restructuring is rarely a clean legal exercise. It requires close coordination between law, finance, and commercial relationships. Our practice combines USD12 billion of corporate transaction experience with Malaysian litigation depth, so we can move between the boardroom and the courtroom as the matter requires.
Speak to a Lawyer
For a confidential consultation, contact Naidu Chambers directly.