Singapore legislation

Regulation 124

of Insolvency, Restructuring and Dissolution (Corporate Insolvency and Restructuring) Rules 2020

Regulation 124

Service of notice of call

Amended byS 195/2022 wef 01/04/2022

Subregulation 1

Amended byS 195/2022 wef 01/04/2022

When a call has been made by the liquidator, a copy of the resolution of the committee of inspection sanctioning the call or the order of the Court granting permission to make the call (as the case may be) must, after the call has been made, be served on each contributory included in the call.

Subregulation 2

The copy of the resolution or order mentioned in paragraph (1) served on a contributory must be accompanied by a notice from the liquidator in Form CIR-45 or Form CIR-46 (whichever is applicable) specifying the amount of balance due from the contributory in respect of the call.