Singapore legislation

Regulation 69

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

Regulation 69

Summoning of meetings of creditors and contributories

Subregulation 1

When summoning a meeting of creditors or contributories, the person summoning the meeting must —

(a)

give at least 7 days’ notice of the time and place of the meeting in one English local daily newspaper; and

(b)

at least 7 days before the day appointed for the meeting, send by post —

(i)

to every person appearing by the books of the VCC or sub‑fund to be a creditor of the VCC or sub‑fund, a notice of the meeting of creditors; and

(ii)

to every person appearing, by the books of the VCC or sub‑fund or otherwise, to be a contributory of the VCC or sub‑fund, a notice of the meeting of contributories.

Subregulation 2

The notice to each creditor must be sent to the address given in the creditor’s proof or, if the creditor has not proved, to the address given in the statement of affairs of the VCC or sub‑fund, or to any other address as may be known to the person summoning the meeting.

Subregulation 3

The notice to each contributory must be sent to the address mentioned in the books of the VCC or sub‑fund as the contributory’s address, or to any other address as may be known to the person summoning the meeting.