Singapore legislation
Regulation 19
of Insolvency, Restructuring and Dissolution (Debt Repayment Scheme) Regulations 2020
Regulation 19
Filing of proofs of debt after approval of debt repayment plan
Subregulation 1
The Official Assignee may, after the approval of a debt repayment plan but before the effective date of the plan, accept any additional proof of debt filed by a creditor concerned against the debtor in question.
Subregulation 2
A creditor filing any additional proof of the creditor’s debt under paragraph (1) must comply with regulation 10(3), (4) and (5), and for this purpose, regulation 10(3), (4) and (5) applies as if —
a reference to a creditor in regulation 10(3), (4) or (5) is a reference to a creditor filing an additional proof of debt under paragraph (1); and (b)a reference to a proof of debt in regulation 10(3), (4) or (5) is a reference to an additional proof of debt filed under paragraph (1).
Subregulation 3
A creditor must bear the cost of proving the creditor’s debt.
Subregulation 4
Before the Official Assignee admits or rejects in whole or in part an additional proof of debt filed under paragraph (1), the Official Assignee must examine the proof and the grounds of the debt, and may require further evidence in support of the proof of debt from the creditor concerned.
Subregulation 5
Where the Official Assignee admits or rejects in whole or in part an additional proof of debt filed under paragraph (1), the Official Assignee must inform the debtor and the creditor concerned of the Official Assignee’s decision in writing within 7 days after the date of the decision.