Singapore legislation

Section 72N

of Insolvency, Restructuring and Dissolution Act 2018

Section 72N

Authorised officer may act on behalf of company (in simplified debt restructuring) in application and proceedings under section 72M

Amended by39/202039/202039/2020

(1)

This section applies —

(a)

when a company (in simplified debt restructuring) makes an application under section 72M(1) for the Court’s approval of a compromise or an arrangement; and (b)despite sections 33 and 34 of the Legal Profession Act 1966 and any provision of the Rules of Court for the time being in force.

Amended by39/2020

(2)

A duly authorised officer of the company (in simplified debt restructuring) may act on behalf of the company in the making of the application under section 72M(1) and in any proceedings in court arising from the application and leading to the grant, dismissal or withdrawal of the application (but not an appeal mentioned in section 72O).

Amended by39/2020

(3)

The company (in simplified debt restructuring) may make an application under section 72M(1) and carry on any proceedings in court arising from the application and leading to the grant, dismissal or withdrawal of the application (but not an appeal mentioned in section 72O) through a duly authorised officer of the company and otherwise than by a solicitor.

Amended by39/2020