Singapore legislation

Regulation 74

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

Regulation 74

Bankruptcy application based on section 312(b) of Act

Amended byS 196/2022 wef 01/04/2022S 196/2022 wef 01/04/2022S 196/2022 wef 01/04/2022S 196/2022 wef 01/04/2022

Subregulation 1

Amended byS 196/2022 wef 01/04/2022S 196/2022 wef 01/04/2022S 196/2022 wef 01/04/2022

Where a creditor’s bankruptcy application is based on section 312(b) of the Act, the affidavit supporting the application must give details of the following matters:

(a)

the judgment or order from which the judgment debt arises;

(b)

the court which issued the enforcement against the debtor;

(c)

the mode of enforcement; (d)the extent (if any) to which the judgment debt has been satisfied as a result of the enforcement.

Subregulation 2

Amended byS 196/2022 wef 01/04/2022

No application based on section 312(b) of the Act may be made if more than 4 months have elapsed since the date on which the enforcement in question was completed.

Regulation 74 — Insolvency, Restructuring and Dissolution (Personal Insolvency) Rules 2020