Singapore legislation
Section 107
Section 107
Summary administration in small cases
In any case where a receiving order has been made and the Official Assignee reports to the court that the assets (after deducting any sums paid to secured creditors in respect of their securities) are unlikely to exceed $5,000 in value the court may make an order that the debtor’s estate be administered in a summary manner, and thereupon the provisions of this Act shall be subject to the following modifications:
no appeal shall lie from any order of the court except by order of the court;
if during or at the conclusion of the public examination of the debtor it appears to the court that the debtor does not intend to propose a composition or scheme or that for any reason a composition or scheme ought not to be sanctioned the court may, without further process, adjudge the debtor bankrupt;
the estate where practicable shall be distributed in a single dividend;
such other modifications may be made in the provisions of this Act as may be prescribed by general rules, with the view of saving expense and simplifying procedure; but nothing in this section shall permit the modification of the provisions of this Act relating to the examination or discharge of the debtor.