Regulation 1
Citation and commencement
These Regulations are the Insolvency, Restructuring and Dissolution (Simplified Winding Up) Regulations 2021 and come into operation on 29 January 2021.
/akn/sg/act/sub_leg/2018/IRDA-S47-2021
Insolvency, Restructuring and Dissolution (Simplified Winding Up) Regulations 2021
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- Type
- Subsidiary Legislation
- Status
- In force
- Enacted
- 2018
- Sections
- 10
Quick answer
About this subsidiary legislation
Insolvency, Restructuring and Dissolution (Simplified Winding Up) Regulations 2021 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation IRDA-S47-2021 2018, currently marked in force and first recorded in 2018.
Part 1
PRELIMINARY
Regulation 2
Definition
In these Regulations, “Voluntary Winding Up Regulations” means the Insolvency, Restructuring and Dissolution (Voluntary Winding Up) Regulations 2020 (G.N. No. S 608/2020) as in force on 29 January 2021.
Regulation 3
Designated website
For the purposes of the definition of “designated website” in section 250A of the Act, the designated website is the Internet website of the Ministry of Law at http://www.mlaw.gov.sg.
Part 2
ENTRY INTOSIMPLIFIED WINDING UP PROGRAMME
Regulation 4
Repealed / deleted
[Deleted by S 25/2026 wef 29/01/2026]
Regulation 5
Further information required in statement of affairs
Amended byS 25/2026 wef 29/01/2026
For the purposes of section 250E(1)(e) of the Act, the statement of affairs of the company that must be provided to the nominated liquidator under section 250D(5)(b) of the Act must also contain the following information (as applicable):
(a)
the cause or causes of insolvency;
(b)
the name and address of each debtor of the company;
(c)
the NRIC or passport number or Unique Entity Number (UEN) of each debtor or creditor of the company;
(d)
for each creditor of the company — whether the creditor is a contingent or prospective creditor or otherwise.
Regulation 6
Repealed / deleted
[Deleted by S 25/2026 wef 29/01/2026]
Part 3
VOLUNTARY WINDING UP UNDER SIMPLIFIED WINDING UP PROGRAMME
Regulation 7
Application and modifications of Voluntary Winding Up Regulations
Amended byS 25/2026 wef 29/01/2026S 25/2026 wef 29/01/2026S 25/2026 wef 29/01/2026S 25/2026 wef 29/01/2026S 25/2026 wef 29/01/2026S 25/2026 wef 29/01/2026
Subregulation 1
Subject to paragraph (2) and the modifications in paragraphs (3) to (8), the Voluntary Winding Up Regulations apply to or in relation to a voluntary winding up under the simplified winding up programme.
Subregulation 2
Amended byS 25/2026 wef 29/01/2026
Regulations 2, 4, 5, 7, 8, 9, 26 to 34 and 40 of the Voluntary Winding Up Regulations do not apply to or in relation to a voluntary winding up under the simplified winding up programme.
Subregulation 3
Regulation 3 of the Voluntary Winding Up Regulations applies as if the references to those Regulations were each a reference to those Regulations as they apply to or in relation to a company that is being wound up under the simplified winding up programme.
Subregulation 4
Amended byS 25/2026 wef 29/01/2026
Regulation 16 of the Voluntary Winding Up Regulations applies as if —
(a)
paragraph (1) of that regulation were replaced by the following paragraph: “(1) Subject to paragraph (2), in a case where any rent or other payment falls due on a day of any stated period, and the simplified winding up programme for the company concerned is deemed under section 250K(2) of the Act to have commenced on a day other than that day, any person entitled to the rent or payment may prove for a proportionate part of the rent or payment up to (and including) the date of commencement, as if the rent or payment grew due from day to day.”; and
(b)
the reference in paragraph (2) of that regulation to the Voluntary Winding Up Regulations were a reference to those Regulations as they apply to or in relation to a company that is being wound up under the simplified winding up programme.
Subregulation 5
Amended byS 25/2026 wef 29/01/2026
Regulation 18(1) of the Voluntary Winding Up Regulations applies as if the reference to the date of the resolution to wind up a company were a reference to the date the simplified winding up programme for a company commenced under section 250K(2) of the Act.
Subregulation 6
Amended byS 25/2026 wef 29/01/2026
Regulation 19(1)(b) of the Voluntary Winding Up Regulations applies as if the reference to the date of the resolution to wind up a company were a reference to the date the simplified winding up programme for a company commenced under section 250K(2) of the Act.
Subregulation 7
Amended byS 25/2026 wef 29/01/2026
Regulation 22(2) of the Voluntary Winding Up Regulations applies as if sub-paragraph (a) of that provision were replaced by the following sub-paragraph:“(a)by publishing the notice in accordance with Form VWU‑12 on the designated website;”.
Subregulation 8
Amended byS 25/2026 wef 29/01/2026
Regulation 38 of the Voluntary Winding Up Regulations applies as if —
(a)
sub-paragraphs (a) and (b) of paragraph (1) were replaced by the following sub-paragraphs: “(a)publish on the designated website a notice of his or her intention to declare a dividend; and
(b)
send the notice to every creditor mentioned in the statement of affairs made in accordance with section 250E of the Act who has not proved the creditor’s debt.”; and
(b)
the words “in the Gazette” in paragraphs (6)(b) and (7) were replaced by the words “on the designated website”.
Regulation 7A
Notice to dissolve company
Amended byS 25/2026 wef 29/01/2026
For the purposes of section 180(4)(b) of the Act (as replaced by section 250L(7) of the Act), the notice to dissolve the company, to be lodged by the liquidator with the Registrar of Companies, must be in Form SWU-1 set out on the designated website.
Regulation 7B
Notice to strike off name of company
Amended byS 25/2026 wef 29/01/2026
For the purposes of section 210(5)(b) of the Act (as replaced by section 250L(16) of the Act), the notice to strike the name of a company off the register and for the company to be dissolved, to be lodged by the liquidator with the Registrar of Companies, must be in Form SWU-2 set out on the designated website.
Part 4
DISCHARGE FROM SIMPLIFIED WINDING UP PROGRAMME
Regulation 8
Further information required in notice of discharge
For the purposes of section 250P(2)(c) of the Act, the notice of discharge under section 250P(1) of the Act must also state whether the company in question is discharged from the simplified winding up programme by —
(a)
an order made by the Court for the winding up of the company; or
(b)
an order made by the Court under section 186 of the Act for the stay altogether of the proceedings in relation to the winding up, or for the termination of the winding up, under the programme.
Common questions
- What is Insolvency, Restructuring and Dissolution (Simplified Winding Up) Regulations 2021?
- Insolvency, Restructuring and Dissolution (Simplified Winding Up) Regulations 2021 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation IRDA-S47-2021 2018, currently marked in force and first recorded in 2018.
- Is Insolvency, Restructuring and Dissolution (Simplified Winding Up) Regulations 2021 still in force?
- Yes — Insolvency, Restructuring and Dissolution (Simplified Winding Up) Regulations 2021 is currently in force.
- When did Insolvency, Restructuring and Dissolution (Simplified Winding Up) Regulations 2021 take effect?
- Insolvency, Restructuring and Dissolution (Simplified Winding Up) Regulations 2021 was first recorded in 2018.
- How many regulations does Insolvency, Restructuring and Dissolution (Simplified Winding Up) Regulations 2021 have?
- Insolvency, Restructuring and Dissolution (Simplified Winding Up) Regulations 2021 contains 10 regulations.
- Where can I read the official version of Insolvency, Restructuring and Dissolution (Simplified Winding Up) Regulations 2021?
- The official text of Insolvency, Restructuring and Dissolution (Simplified Winding Up) Regulations 2021 is published at sso.agc.gov.sg.