Singapore legislation
Regulation 44
of Insolvency, Restructuring and Dissolution (Court-Ordered Winding Up) Regulations 2020
Regulation 44
Liquidator carrying on business
Where the liquidator carries on the business of the company, the liquidator must —
(a)
keep a distinct account of the trading (called in these Regulations the trading account); and
(b)
incorporate in the Cash Book the total weekly amount of the receipts and payments on the trading account.