Singapore legislation
Regulation 137
of Insolvency, Restructuring and Dissolution (Corporate Insolvency and Restructuring) Rules 2020
Regulation 137
Cost of obtaining permission or sanction of Court
Amended byS 195/2022 wef 01/04/2022
In any case in which the permission or sanction of the Court is obtained as required under regulation 37, 38 or 39 of the Court-Ordered Winding Up Regulations or regulation 47 or 48 of the Voluntary Winding Up Regulations, the cost of obtaining the permission or sanction must be borne by the person in whose interest the permission or sanction is obtained, and is not payable out of the company’s assets.