Singapore legislation

Regulation 24

of Insolvency, Restructuring and Dissolution (Bankruptcy) Regulations 2020

Regulation 24

Adjournment

Subregulation 1

The chairperson of a meeting of creditors may in his or her discretion adjourn the meeting to a time and place that the chairperson thinks is appropriate —

(a)

if, within half an hour from the time appointed for the meeting, the quorum mentioned in regulation 23(2) is not formed; or

(b)

for any other reason.

Subregulation 2

The chairperson of a meeting of creditors must adjourn the meeting if the meeting so resolves, to a time and place that the chairperson thinks is appropriate.