In force2020 Revised EditionCurrent version · 2020 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
Insolvency, Restructuring and Dissolution Act 2018 · 2020 Revised Edition · Part 8 · Winding Up
181. Application to Court to have questions determined or powers exercised
Feedback & support(1)
The liquidator or any creditor or contributory may apply to the Court —
liquidator
Defined · s 2
“liquidator” includes the Official Receiver when acting as the liquidator of a corporation;
(a)
to determine any question arising in the winding up of a company; or
(b)
to exercise all or any of the powers that the Court might exercise if the company were being wound up by the Court.
(2)
The Court, if satisfied that the determination of the question or the exercise of power is just and beneficial, may —
(a)
accede wholly or partially to any such application on such terms and conditions as the Court thinks fit; or
(b)
make such other order on the application as the Court thinks just.