Singapore legislation

Regulation 46

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

Regulation 46

Notices of disagreement

Subregulation 1

Any person who wishes to file a notice of disagreement under section 68(10) of the Act in relation to an independent assessor’s decision on the inspection, admission or rejection of a proof of debt must file the notice, together with a statement of the reasons for the disagreement, at least 7 days before the hearing of the application for the Court’s approval under section 210(4) of the Companies Act.

Subregulation 2

The person filing the notice of disagreement must send a copy of the notice and the accompanying statement mentioned in paragraph (1) to —

(a)

the company in question, unless the notice is filed by the company; and

(b)

any creditor who has filed a proof of debt with the company for the purposes of voting at the meeting in question, upon the request of that creditor.