Singapore legislation

Regulation 37

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

Regulation 37

Creditors entitled to vote

Subregulation 1

In the case of a first meeting of creditors or of an adjournment of that meeting, a person is not entitled to vote as a creditor unless the person has duly filed with the judicial manager not later than the period mentioned for that purpose in the notice summoning the meeting or adjourned meeting (as the case may be) a proof of the debt that the person claims to be due to the person from the company.

Subregulation 2

Paragraph (1) does not affect the power of the chairperson under regulation 40 to admit or reject, in whole or in part, a proof of debt for the purpose of voting.