Singapore legislation
Clause 63
Clause 63
Application of this Part
(1)
This Part only applies in a case that involves a compromise or an arrangement between a company and its creditors or any class of those creditors.
(2)
Except as provided in sections 69, 70 and 71, this Part does not derogate from sections 210 and 211 of the Companies Act.
(3)
In this Part, “company” means any corporation liable to be wound up under this Act, but excludes such company or class of companies as the Minister may by order in the Gazette prescribe.