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The Process of Claiming Asset in Bahagian Pembahagian Pusaka (BPP)
Date Issued
2024
Author(s)
Muhammad Naqiyuddin Ismail
Norhazlina Ibrahim
Safeza Mohd Sapian
Abstract
As of year 2020, Malaysia’s frozen assets were MYR70 billion. Numerous challenges and issues are raised by this phenomenon, and it becomes incredibly challenging to solve. There are many agencies and bodies that handle the claims, queries and applications related to estate administration in Malaysia, for instance, the Department of Director General of Lands and Mines (JKPTG) through the Bahagian Pembahagian Pusaka (BPP), Amanah Raya Berhad (ARB), and The High Court (HC). However, more than 70 % of these claim applications were received and conducted by the Bahagian Pembahagian Pusaka (BPP). Thus, this study aims to investigate the process of claiming asset specifically in (BPP). This research is a qualitative research, through reviewing and identifying on existing related literatures in inheritance asset in Malaysia, and also websites from JKPTG to understand the processes. This study acknowledges several reasons that cause heirs unable to proceed with their claim of the assets which cause the increasing number of unclaimed assets. The distribution process will move swiftly once people understand how the BPP claims process operates.
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The Process of Claiming Asset in Bahagian Pembahagian Pusaka (BPP).pdf
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113.12 KB
Format
Adobe PDF
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(MD5):30eec3b10dba64bce77d83a296b15212