23 July 2020 – Ministry of Law announced Insolvency, Restructuring and Dissolution Act commences 30 July 2020

The Insolvency, Restructuring and Dissolution Act is an omnibus legislation that consolidates Singapore’s personal and corporate insolvency and debt restructuring laws into a single piece of legislation and updates relevant laws to be aligned with international best practices. https://www.mlaw.gov.sg/news/press-releases/2020-07-23-insolvency-restructuring-and-dissolution-act-commencement

SAL Report on SOPA and Corporate Insolvency and Restructuring

Report of the SOPA-Insolvency Law Reform Sub-Committee of the Singapore Academy of Law. The report covers Issues such as unfair prejudice and statutory adjudication under the Building and Construction Industry Security of Payment Act (SOPA), in relation to liquidation, schemes of arrangement and judicial management. Please click here for the report of the SOPA-Insolvency Law Reform Sub-Committee.

28 July 2015 -A Guide for Private Liquidators on Filing the Liquidator’s Account of Receipts and Payments/Statement of the Position in the Winding Up of an Entity (for compulsory and voluntary windings up)

As regulator of private liquidators, the Official Receiver is required to monitor the filing of the Liquidator’s Account of Receipts and Payments/Statement of the Position in the Winding Up of an Entity (“Form”) by private liquidators. To assist private liquidators in completing the Form, Insolvency Office has prepared a Guide to illustrate what information is.

1 January 2013 – Members’ Voluntary Liquidation: Better Safe Than Sorry

A voluntary winding-up occurs when either the shareholders or creditors of a company decide to terminate the business. It takes two forms (1) The members’ voluntary liquidation (MVL), whereby the directors make a statement of solvency in accordance with section 293(1) of the Companies Act and make a declaration that the company will be able.

1 January 2011 – Publication – Progen

The IPAS Publication Committee hereby presents our year end case update on Chee Yoh Chuang and Anor (as Liquidators of Progen Engineering Pte Ltd) v Progen Holdings Ltd [2010] SGCA 31. This commentary on an important recent ruling by the Singapore Court of Appeal is relevant for insolvency practitioners. We trust that it would prove.

13 December 2010 – INSOL Singapore Conference

13-15 March 2011 – Shangri-La Hotel Singapore, Republic of Singapore Early Booking Deadline 15 December 2010 It’s only one week until the early booking deadline closes. There are a limited number of delegate places available so please register early to avoid disappointment. The online registration brochure gives details of the three tier technical programme. This.