Forms of Acknowledgement of Debt in Malaysia: The Legal Implications

Objective – The purpose of the paper is to discuss different forms or methods of acknowledging debt by the debtor. The paper analysis laws and cases decided by the Malaysian courts. Methodology/Technique – The methodology adopted in this study is by analysing court decisions in various cases on debt acknowledgement. Findings – The findings show that when there is acknowledgement of debt, there are several legal implications. Novelty – The paper is original since it focuses on different methods of debt acknowledgment accepted by the Malaysian courts and the legal implications or consequences resulting from such acknowledgement. As far as it is concerned, there is no specific study or compilation has been conducted on the above title. Type of Paper: Empirical