Singapore legislation
Regulation 141
of Insolvency, Restructuring and Dissolution (Corporate Insolvency and Restructuring) Rules 2020
Regulation 141
Notice of liquidator’s intention to apply for release, etc.
Subregulation 1
A liquidator who intends to make an application to the Court under section 147 of the Act for an order that the liquidator be released, or for an order that the liquidator be released and the company be dissolved, must comply with paragraphs (2), (3) and (4) after the liquidator has complied with section 148 of the Act.
Subregulation 2
The liquidator must give notice of the liquidator’s intention to make an application mentioned in paragraph (1), at least 21 days before the application is made, to all creditors who have proved their debts against the company and to all the contributories of the company.
Subregulation 3
The notice mentioned in paragraph (2) must be accompanied by a summary of all receipts and payments in the winding up of the company.
Subregulation 4
The notice of the liquidator’s intention mentioned in paragraph (2) must be in Form CIR-50.
Subregulation 5
The application to the Court under section 147 of the Act must be in Form CIR-51.