Singapore legislation

Regulation 27

of Insolvency, Restructuring and Dissolution (Court-Ordered Winding Up) Regulations 2020

Regulation 27

Preparation of statement of affairs

Subregulation 1

For the purposes of section 141(1) of the Act —

(a)

the statement of affairs must be verified by affidavit; and

(b)

the statement of affairs and the affidavit verifying the statement of affairs must be in accordance with Form CWU‑7.

Subregulation 2

The statement of affairs may be submitted by electronic means to the Official Receiver or the liquidator, as the case may be.

Subregulation 3

The liquidator may from time to time direct a person mentioned in section 141(2)(a) and (b) of the Act to attend on the liquidator, at a time and place that the liquidator may appoint, for the purpose of investigating the company’s affairs, and the person must —

(a)

comply with any direction of the liquidator; and

(b)

give all information within the person’s knowledge as the liquidator may require.