Singapore legislation
Regulation 133
of Insolvency, Restructuring and Dissolution (Personal Insolvency) Rules 2020
Regulation 133
Application in relation to section 373(4)(b)(ii) of Act
Subregulation 1
An application to the Court by a trustee of a bankrupt’s estate for a longer period to give a notice of disclaimer of onerous property (otherwise required under section 373(4)(b)(ii) of the Act to be given within the period stated in that provision) must be made by the trustee in accordance with this rule.
Subregulation 2
The affidavit supporting the application mentioned in paragraph (1) must state the reasons for the application.
Subregulation 3
A sealed copy of the application mentioned in paragraph (1) and a copy of the affidavit supporting the application must be served personally on every person interested in the property in question who has applied in writing to the trustee or any of the trustee’s predecessors as trustee in accordance with section 373(4)(b)(i) of the Act.