Singapore legislation

Section 250N

of Insolvency, Restructuring and Dissolution Act 2018

Section 250N

When company is discharged from simplified winding up programme

Amended by39/2020

A company that has been accepted into the simplified winding up programme and that is being wound up voluntarily under the programme is discharged from the programme on the earliest of the following dates:

(a)

the date that the company is dissolved under section 180(6) (as modified by section 250L(8)) or section 209(10);

(b)

the date that an order is made by the Court for the winding up of the company; (c)the date that an order is made by the Court under section 186 for the stay altogether of the proceedings in relation to the winding up or for the termination of the winding up.