Singapore legislation
Regulation 50
of Insolvency, Restructuring and Dissolution (Corporate Insolvency and Restructuring) Rules 2020
Regulation 50
Notice of application for judicial management order
Subregulation 1
Every notice of an application for a judicial management order in Form CIR-5 must be published in accordance with section 91(4)(a) of the Act at least 7 clear days, or any longer time as the Court may direct, before the hearing.
Subregulation 2
The notice of an application for a judicial management order to be published and given under section 91(4) of the Act must —
state the day on which the application was filed and the name and address of the applicant and of the applicant’s solicitor, if any; and
contain a note stating that any person who intends to appear at the hearing of the application to oppose the nomination of a judicial manager made by the company (pursuant to section 91(3)(d) of the Act) or the making of a judicial management order (pursuant to section 91(6)(a) of the Act) must send notice of such intention to the applicant within the time and in the manner set out in rule 53.
Subregulation 3
A notice of an application for a judicial management order which does not contain the note mentioned in paragraph (2)(b) is treated as irregular.
Subregulation 4
If the applicant for a judicial management order does not, within the time required under paragraph (1) or within any extended time as the Judge or the Registrar may allow, duly publish and give the notice of the application in the manner required by this rule —
the Registrar must postpone the day on which the application is to be heard or give any direction that the Registrar thinks fit; and
the application must be removed from the file unless the Judge or the Registrar otherwise directs.
Subregulation 5
For the purposes of section 91(4)(a) of the Act, the notice of the application must be filed with the Registrar of Companies in accordance with the provisions of the Insolvency, Restructuring and Dissolution (Filing, Lodgment and Submission of Documents) Regulations 2020 (G.N. No. S 586/2020) together with a copy each of the application and the affidavit supporting the application.