Singapore legislation

Section 315

of Insolvency, Restructuring and Dissolution Act 2018

Section 315

Power of Court to stay or dismiss proceedings on bankruptcy application

(1)

The Court may at any time, for sufficient reason, make an order staying the proceedings on a bankruptcy application, either altogether or for a limited time, on such terms and conditions as the Court thinks just.

(2)

Without affecting subsection (1), where it appears to the Court that the person making a bankruptcy application has contravened any of the provisions of this Act or any rules in relation to proceedings on a bankruptcy application, the Court may, in its discretion, dismiss the application instead of staying any proceedings on the application under that subsection.