Singapore legislation
Section 153
Section 153
Power to grant relief
Subject to section 5, section 391 of the Companies Act 1967 applies in relation to the following persons as it applies in relation to the persons mentioned in subsection (3) of that section:
officers of a VCC;
the manager of a VCC, the custodian of a VCC (being a non-umbrella VCC) or the custodian of a sub‑fund;
persons engaged by a VCC to provide any fund administration service;
persons engaged by a VCC as auditors, whether they are or are not officers of the VCC;
experts of a VCC;
persons who are receivers, receivers and managers or liquidators appointed or directed by the Court to carry out any duty under this Act in relation to a VCC or a sub-fund of an umbrella VCC, and all other persons so appointed or so directed.