• Corporate Voluntary Arrangements (CVA) is a procedure that allows a company to put up a proposal to its creditors for a voluntary arrangement. The implementation of the proposal is supervised by an independent insolvency practitioner who reports to the Court on the viability of the proposal.
• Judicial Management (JM) allows a company, or its creditors, to apply for an order to place the management of a company in the hands of a qualified insolvency practitioner, a judicial manager. The moratorium applies automatically from the filing until the disposal of the judicial management application and also while the judicial management order is in force.
• Schemes of Arrangements under Section 366 of Companies Act 2016 gives the Court the power to order a compromise, or arrangement, with creditors and members in the form of an approved debt-restructuring arrangement.
• Receivership is what is known as an enforcement remedy provided under debenture to protect a debtors rights over the charged assets of a Company.
• Winding-up/Liquidation can be either a voluntary or a compulsory court winding up and involves realising the assets of a company to cover its debt.

The Malaysian courts may grant an order for an appointment of a Court Appointed Receiver and Manager to take over the affairs of a Company.

An individual debtor, before he is adjudged bankrupt, may propose a voluntary arrangement to his creditors and is required to appoint a qualified nominee to oversee and supervise the implementation of the voluntary arrangement.