Singapore legislation
Regulation 16
of Insolvency, Restructuring and Dissolution (Voluntary Arrangements) Regulations 2020
Regulation 16
Nominee’s report to Court
Subregulation 1
The report that a nominee is required to submit to the Court under section 283(1) of the Act after the conclusion of a creditors’ meeting must state the following:
whether the proposal considered by the creditors’ meeting was approved or rejected and, if approved, with what modifications (if any);
the resolutions that were taken at the creditors’ meeting and the decision on each one of those resolutions;
a list of the creditors (with their respective values) who were present or represented at the creditors’ meeting, and how they voted on each resolution;
any other information that the nominee thinks appropriate to be made known to the Court.
Subregulation 2
The nominee must —
file in Court a copy of the report mentioned in paragraph (1) within 4 days after the date of the conclusion of the creditors’ meeting in question; and (b)immediately after the filing of the report mentioned in sub‑paragraph (a), serve a notice of the results of the creditors’ meeting on each creditor who was given a notice summoning the creditors’ meeting.