Singapore legislation
Regulation 101
of Variable Capital Companies (Winding Up and Receivership) Rules 2026
Regulation 101
Application to Court for permission to make call
Subregulation 1
An application to the Court by a liquidator for permission to make any call (called in this rule the intended call) —
must be made by summons in Form VCCWUR‑32;
must state the amount of the intended call;
must contain a statement of the amount claimed as due from each contributory;
must be supported by an affidavit in Form VCCWUR‑33; and
subject to paragraph (2), must be served on every contributory proposed to be included in the intended call at least 7 days before the day appointed for the hearing of the application.
Subregulation 2
The Court may direct that notice of the intended call in Form VCCWUR‑34 be given by advertisement without the summons being separately served on each contributory proposed to be included in the intended call.
Subregulation 3
Upon the hearing of the summons, the Court —
may grant permission to the liquidator to make the call; and
may also order in Form VCCWUR‑35 the payment by the contributories respectively of the amounts due in respect of the call within a time to be specified in the order.