Singapore legislation

Regulation 112

of Variable Capital Companies (Winding Up and Receivership) Rules 2026

Regulation 112

Expunging at instance of liquidator or creditor

Subregulation 1

If a liquidator thinks that a proof has been improperly admitted, the Court may, on the application of the liquidator, after notice to the creditor who filed the proof, expunge the proof or reduce its amount.

Subregulation 2

The Court may expunge or reduce a proof upon the application of a creditor or contributory if the liquidator in question declines to interfere in the matter.