Singapore legislation

Section 118

of Insolvency, Restructuring and Dissolution Act 2018

Section 118

Transition from judicial management to winding up

Where a judicial manager makes an application to wind up the company —

(a)

despite section 111, the term of office of the judicial manager is extended to the date on which the winding up application is determined or withdrawn; and

(b)

the company is discharged from judicial management on the date the winding up application is determined or withdrawn.