Singapore legislation

Regulation 116

of Insolvency, Restructuring and Dissolution (Personal Insolvency) Rules 2020

Regulation 116

Extension of time to submit statement of affairs, etc.

Subregulation 1

Where a bankrupt requests to be released from the bankrupt’s duty to file the statement of the bankrupt’s affairs under section 332 of the Act or for an extension of time to file the same, and the request is refused by the trustee of the bankrupt’s estate, the bankrupt may apply to the Court for the release or extension of time.

Subregulation 2

An application to the Court under paragraph (1) for a release or an extension of time must be made within 14 days after the trustee’s refusal.

Subregulation 3

A bankrupt who makes an application to the Court under paragraph (1) must —

(a)

at least 14 days before the date of the hearing of the application, serve on the trustee of the bankrupt’s estate a copy of the application and any documentary evidence that the bankrupt intends to adduce in support of the application; and

(b)

serve on the trustee of the bankrupt’s estate a sealed copy of any order made by the Court on the application.

Subregulation 4

Unless the Court otherwise orders, a bankrupt’s costs on an application under paragraph (1) are to be paid by the bankrupt in any event, and no allowance towards such costs are to be made out of the bankrupt’s estate.