Regulation 37
Dealings with assets
of Insolvency, Restructuring and Dissolution (Court-Ordered Winding Up) Regulations 2020
Subsidiary LegislationIn forceProvision 38 of 57
Regulation 37
Amended byS 266/2022 wef 01/04/2022
The liquidator or a member of the committee of inspection of a company must not, while acting as the liquidator or a member of the committee, directly or indirectly purchase any of the company’s assets, except with the permission of the Court.