Singapore legislation

Regulation 66

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

Regulation 66

Publication of notice of winding up application

Subregulation 1

Notice of every winding up application must be published not less than 7 days (or any longer time as the Court may direct) before the hearing of the winding up application —

(a)

at least once in the Gazette; and (b)at least once in an English local daily newspaper or in any other newspaper as directed by the Court.

Subregulation 2

The notice of the winding up application must —

(a)

state the day on which the winding up application was filed and the name and address of the applicant and of the applicant’s solicitor, if any; and

(b)

contain a note stating that any person who intends to appear on the hearing of the winding up application, either to oppose or support, must send notice of such intention to the applicant within the time and in the manner set out in rule 70.

Subregulation 3

A notice of a winding up application which does not contain the note mentioned in paragraph (2)(b) is treated as irregular.

Subregulation 4

If the applicant for a winding up application does not, within the time required under paragraph (1) or within any extended time as the Judge or the Registrar may allow, duly publish the notice of the winding up application in the manner required by this rule —

(a)

the Registrar must postpone the day on which the application is to be heard or give any direction that the Registrar thinks fit; and

(b)

the application must be removed from the file unless the Judge or the Registrar otherwise directs.