Singapore legislation

Regulation 7

of Insolvency, Restructuring and Dissolution (Proofs of Debt in Schemes of Arrangement) Regulations 2020

Regulation 7

Updated list of creditors

Subregulation 1

On the day of the meeting but before the meeting, the chairperson of the meeting must provide a physical copy of an updated list of creditors to every creditor whose proof of debt is admitted for the purposes of voting at the meeting and who is present (whether in person or by proxy) at the venue of the meeting.

Subregulation 2

The updated list of creditors mentioned in paragraph (1) must —

(a)

list every creditor who has filed a proof of debt for the purposes of the meeting, the amount claimed under each proof of debt, and the amount (if any) admitted and the amount (if any) rejected on each proof of debt; and

(b)

highlight any differences in the results of the adjudication of any proof of debt as compared with the results of the adjudication mentioned in regulation 5(1) sent by the chairperson.