Singapore legislation

Regulation 15

of Insolvency, Restructuring and Dissolution (Debt Repayment Scheme) Regulations 2020

Regulation 15

Attendance by creditor

Subregulation 1

Any creditor named in a debtor’s statement of affairs may attend a meeting of the debtor’s creditors.

Subregulation 2

The Official Assignee may dispense with the personal attendance of any creditor mentioned in paragraph (1) and permit the creditor to submit, either in writing or in any other form specified by the Official Assignee, any questions that the creditor may have for the debtor in respect of the contents of the debtor’s statement of affairs, statement of income and expenditure or debt repayment plan.

Subregulation 3

The creditor mentioned in paragraph (2) must submit the creditor’s questions to the Official Assignee no later than 7 days before the date of the meeting of creditors.

Subregulation 4

Regulation 16(3) applies to any question submitted by a creditor under paragraph (2), and that question and the answer of the debtor to that question form part of the record of proceedings of meetings for the purposes of these Regulations.