Singapore legislation

Regulation 11

of Insolvency, Restructuring and Dissolution (Judicial Management) Regulations 2020

Regulation 11

Application of this Part

Subregulation 1

Unless otherwise provided in this Part, this Part applies to —

(a)

a proof of debt filed by a creditor of a company for the purposes of voting at a pre‑appointment meeting of creditors convened under section 94(7) of the Act; and

(b)

a proof of debt filed by a creditor of a company in judicial management.

Subregulation 2

For the purpose of paragraph (1)(a) —

(a)

a reference in this Part to a judicial manager is to be read as a reference to an interim judicial manager appointed under section 94(3) of the Act;

(b)

a reference in this Part to a company in judicial management is to be read as a reference to a company that has appointed an interim judicial manager under section 94(3) of the Act;

(c)

a reference in this Part to a company entering judicial management is to be read as a reference to a company appointing an interim judicial manager under section 94(3) of the Act;

(d)

a reference in this Part to the date on which a company enters judicial management is to be read as a reference to the date of appointment of an interim judicial manager under section 94(3) of the Act;

(e)

regulation 12 does not apply; (f)regulation 16 applies as if the words “unless the Court otherwise orders” were omitted; and (g)regulation 22 applies as if the words “, subject to any order of the Court made to the contrary,” were omitted.