Singapore legislation
Regulation 74
of Insolvency, Restructuring and Dissolution (Bankruptcy) Regulations 2020
Regulation 74
Notice of intended dividend
Subregulation 1
Before declaring a dividend to creditors of a bankrupt’s estate, the trustee of the bankrupt’s estate must —
cause a notice of the trustee’s intention to do so (called in this Division the notice of intended dividend) to be published in a local newspaper or in any other manner that the trustee thinks fit; and
send the notice of intended dividend to the last known address of every creditor mentioned in the bankrupt’s statement of affairs who has not proved the creditor’s debt.
Subregulation 2
The notice of intended dividend —
must be in Form BR-17; and (b)must specify the latest date by which a creditor’s proof may be filed, beyond which the creditor cannot prove the creditor’s debt in the bankruptcy according to section 347(2) of the Act.