Singapore legislation
Regulation 19
of Insolvency, Restructuring and Dissolution (Voluntary Arrangements) Regulations 2020
Regulation 19
Nominee to send notice of completion
Subregulation 1
A nominee supervising a voluntary arrangement must, within 28 days after the completion of the voluntary arrangement —
file with the Court a notice that the voluntary arrangement has been fully implemented; and
send the notice mentioned in sub‑paragraph (a) to the debtor in question and every creditor bound by the voluntary arrangement.
Subregulation 2
The nominee must enclose in every notice filed or sent by the nominee under paragraph (1) a report which —
summarises all receipts and payments made by the nominee in pursuance of the voluntary arrangement in question; and
explains any difference in the actual implementation of the voluntary arrangement as compared with the proposal as approved by the creditors’ meeting.
Subregulation 3
The Court may, on application of the nominee, extend the period of 28 days mentioned in paragraph (1).