Singapore legislation

Clause 79

of Bankruptcy Bill

Clause 79

Meeting of creditors

(1)

The Official Assignee may, at any time after the making of a bankruptcy order, summon a meeting of the bankrupt’s creditors.

(2)

Notwithstanding subsection (1), the Official Assignee shall summon a meeting of the bankrupt’s creditors whenever directed by the court to do so or whenever requested in writing by one-fourth in value of the bankrupt’s creditors to do so.

(3)

Every meeting summoned under this section shall be conducted in accordance with the prescribed rules.