Singapore legislation

Regulation 2

of Insolvency, Restructuring and Dissolution (Voluntary Winding Up) Regulations 2020

Regulation 2

Application of these Regulations

Amended byS 49/2021 wef 29/01/2021

Subregulation 1

Amended byS 49/2021 wef 29/01/2021

These Regulations apply to any company that is wound up under Division 3 of Part 8 of the Act but not a company that is wound up voluntarily under the simplified winding up programme established under section 250C of the Act.

Subregulation 2

Unless otherwise stated in these Regulations —

(a)

the provisions in Division 1 of Part 2 and Parts 6, 9, 10 and 11 apply to both a creditors’ voluntary winding up and a members’ voluntary winding up;

(b)

the provisions in Division 2 of Part 2 apply only to a members’ voluntary winding up; and

(c)

the provisions in Parts 3, 4, 5, 7 and 8 apply only to a creditors’ voluntary winding up.