Singapore legislation
Regulation 45
of Insolvency, Restructuring and Dissolution (Court-Ordered Winding Up) Regulations 2020
Regulation 45
Liquidator’s trading account
Subregulation 1
The liquidator must from time to time as required by the committee of inspection (if any) or the creditors —
verify by statutory declaration the trading account; and
submit the verified trading account in accordance with Form CWU‑12 —
where a committee of inspection is appointed — to the committee of inspection or a member of the committee as may be appointed by the committee for that purpose; or
where no committee of inspection is appointed — to a person nominated by the creditors.
Subregulation 2
The committee of inspection or member of the committee mentioned in paragraph (1)(b)(i) or the person nominated under paragraph (1)(b)(ii) (as the case may be) must examine and certify the trading account submitted by the liquidator.