Singapore legislation

Section 212

of Insolvency, Restructuring and Dissolution Act 2018

Section 212

Official Receiver to act as representative of defunct company in certain events

(1)

Where, after a company has been dissolved, it is proved to the satisfaction of the Official Receiver that —

(a)

the company, if still existing, would be legally or equitably bound to carry out, complete or give effect to any dealing, transaction or matter; and

(b)

in order to carry out, complete or give effect to that dealing, transaction or matter, an act that is purely administrative and not discretionary should have been done by or on behalf of the company, or should be done by or on behalf of the company, if still existing,the Official Receiver may, acting as a representative of the company or its liquidator under this section, do or cause to be done that act.

(2)

The Official Receiver may execute or sign any relevant instrument or document, acting as a representative of the company or its liquidator, adding a memorandum stating that the Official Receiver has done so under this section, and such execution or signature has the same force, validity and effect as if the company, if still existing, had duly executed such instrument or document.