Singapore legislation
Regulation 7
of Insolvency, Restructuring and Dissolution (Bankruptcy) Regulations 2020
Regulation 7
Removal of special manager
Subregulation 1
Where a special manager has been appointed under section 379 of the Act, the Official Assignee may at any time remove the special manager if the special manager’s employment seems unnecessary or unprofitable to the estate.
Subregulation 2
The Official Assignee must remove a special manager if so required by a special resolution of the creditors of the estate.