Singapore legislation
Section 133
Section 133
Effect of winding up order
(1)
When a winding up order has been made or a provisional liquidator has been appointed, no action or proceeding may be proceeded with or commenced against the company except —
(a)
by the leave of the Court; and
(b)
in accordance with such terms as the Court may impose.
(2)
Subject to section 198, an order for winding up a company operates in favour of all the creditors and contributories of the company as if made on the joint application of a creditor and of a contributory.