Singapore legislation

Section 66

of Bankruptcy Act

Section 66

Proceedings on bankruptcy application by nominee or creditor bound by voluntary arrangement

Amended by42/2005

The court shall not make a bankruptcy order on a bankruptcy application made under section 57(1)(a)(ii) or (b)(ii) by the nominee or any creditor bound by a voluntary arrangement unless it is satisfied —

(a)

that the debtor has failed to comply with his obligations under the voluntary arrangement;

(b)

that information which was false or misleading in any material particular or which contained material omissions —

(i)

was contained in any statement of affairs or other document supplied by the debtor under Part V to any person; or

(ii)

was otherwise made available by the debtor to his creditors at or in connection with a meeting summoned under Part V; or

(c)

that the debtor has failed to do all such things as may for the purposes of the voluntary arrangement have been reasonably required of him by the nominee of the arrangement.

Section 66 — Bankruptcy Act | laws.sg