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Short title and commencement. 1.—. (1) This Act is the Insolvency, Restructuring and Dissolution Act 2018. (2) Sections 467 ( h) and 479 come into operation on a date that the Minister appoints by notification in the Gazette. General interpretation.
- Subsidiary Legislation - Singapore Statutes Online
Singapore Statutes Online is provided by the Legislation...
- Subsidiary Legislation - Singapore Statutes Online
398.—. (1) A discharged bankrupt must, despite his or her discharge, give assistance as the Official Assignee requires in the realisation and distribution of such of his or her property as is vested in the Official Assignee. (2) If the discharged bankrupt fails to give assistance to the Official Assignee under subsection (1) —.
IRDAI is the statutory body that regulates and promotes the insurance industry in India. It issues guidelines, circulars, orders, press releases and notifications on various aspects of insurance business and reforms.
IRDA FAQ. QUESTIONS & ANSWERS RELATING TO THE INSOLVENCY, RESTRUCTURING & DISSOLUTION ACT 2018 (No. 40 of 2018) (“IRDA”) 1. Are there any changes to the role of the Official Receiver under the IRDA?
IRDA is an omnibus Act that covers corporate and personal insolvency and debt restructuring laws. It also allows the Court or the Minister for Finance to order the winding up of a company for unlawful or prejudicial purposes.
119.—. (1) The winding up of a company may be either —. ( a) by the Court; or. ( b) voluntary. (2) Unless the context otherwise requires, the provisions of this Act with respect to the winding up of a company apply to both modes of winding up mentioned in subsection (1). Government bound by certain provisions. 120.
IRDA is a new law that takes effect on 30 July 2020 and applies to bankruptcy cases filed on or after that date. Find out the key features, changes and FAQs of IRDA, such as the monetary threshold, interest rate, proof of debt and discharge.