Singapore legislation

Schedule 2

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

Schedule 2

Bankruptcy costs

SECOND SCHEDULERule 149Bankruptcy costsDescription Costs to be allowed1.Where a bankruptcy order is made on a creditor’s bankruptcy application, costs allowed to the creditor‑applicant $1,200 plus disbursements2.The following costs to be allowed in addition to the costs allowed under item 1: (a)where substituted service is ordered and effected $350 plus disbursements(b)where service out of jurisdiction is ordered and effected $700 plus disbursements(c)where an order for assessment is made, for work done for and in assessment $5003.Costs allowed to a debtor’s solicitor where a bankruptcy order is made upon a debtor’s bankruptcy application $450 plus disbursements4.Costs allowed to a debtor’s solicitor for work done for assessment where an order for assessment of the solicitor’s costs is made $505.Where an application under section 394 of the Act is dismissed, costs allowed to a creditor who was heard under section 394(2) of the Act and who objected to the application $500 plus disbursements6.Costs allowed to a creditor where an application under section 396(9) of the Act is allowed upon the creditor’s application $450 plus disbursements[S 196/2022 wef 01/04/2022]