Singapore legislation

Section 132

of Insolvency, Restructuring and Dissolution Act 2018

Section 132

Copy of order to be lodged, etc.

(1)

Within 7 days after the making of a winding up order, the applicant for the winding up order must lodge with the Official Receiver and the Registrar of Companies notice of —

(a)

the order and the date of the order; and

(b)

the name and address of the liquidator.

(2)

The applicant for the winding up order must, within 7 days after the passing and entering of the winding up order —

(a)

lodge a copy of the order with the Official Receiver and the Registrar of Companies;

(b)

cause a copy of the order to be served upon the secretary of the company or upon such other person or in such manner as the Court directs; and

(c)

deliver a copy of the order to the liquidator with a statement that the requirements of this subsection have been complied with.

(3)

If default is made in complying with subsection (1) or (2), the applicant for the winding up order shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $5,000 and also to a default penalty.