Malaysia Real Estate Bankruptcy "Insolvency" Laws for Laymen

[@satnamvaheguru2828]

Can an insolvent person become a REN?
Can he buy lelong property on behalf of a client?
Is it true that a REN has to be a bumi to buy lelong property for a bumi client?

[@satnamvaheguru2828]

What I mean by buying is actually bidding. ****

[@satnamvaheguru2828]

At what age can a insolvent be discharged?

[@chestercheng.realestate]

Right now, current law is 70