Singapore legislation
Regulation 88
of Insolvency, Restructuring and Dissolution (Corporate Insolvency and Restructuring) Rules 2020
Regulation 88
Summary of statement of affairs
Subregulation 1
The Official Receiver must also, as soon as practicable, send a summary of the statement as to the affairs of the company that is submitted to the Official Receiver under section 141(1) of the Act (called in this Division the statement of affairs) to —
every creditor mentioned in the statement of affairs; and (b)every person appearing from the company’s books or otherwise to be a contributory of the company.
Subregulation 2
The summary of the company’s statement of affairs must include —
the causes of the company’s failure; and (b)any observation that the Official Receiver may think fit to make.
Subregulation 3
Where a company has commenced voluntary winding up before a winding up order is made against the company, the Official Receiver may, if he or she sees fit to do so, send to each person mentioned in paragraph (1) —
an account of the voluntary winding up that shows how the winding up has been conducted and how the property of the company has been disposed of; and (b)any observation which the Official Receiver may think fit to make on the account or on the voluntary winding up.