Regulation 2
Application of these Regulations
of Insolvency, Restructuring and Dissolution (Voluntary Winding Up) Regulations 2020
Subsidiary LegislationIn forceProvision 2 of 54
Regulation 2
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.