Singapore legislation

Regulation 77

of Insolvency, Restructuring and Dissolution (Bankruptcy) Regulations 2020

Regulation 77

Production of bills of exchange, etc.

Subject to section 70 of the Bills of Exchange Act (Cap. 23), a bill of exchange, promissory note, or other negotiable instrument or security upon which proof has been made must, unless the Court on special grounds dispenses with its production, be exhibited to the trustee of the bankrupt’s estate in question before payment of any dividend on the proof, and the amount of dividend paid must be endorsed on the instrument.