My bookmarksSign up free
← Insolvency, Restructuring and Dissolution Act 2018

Insolvency, Restructuring and Dissolution Act 2018 s 24

s 24 Discretion of Official Assignee in administration of estate of bankrupt

24.—(1) Subject to this Part and Parts 13 to 22, the Official Assignee has discretion as to the administration of the property of a bankrupt. (2) Subject to this Part and Parts 13 to 22, the Official Assignee must, in the administration of the estate of a bankrupt, have regard to any direction that is given by resolution of the creditors at any general meeting and to any advice given by the creditors’ committee. (3) Where any direction given to the Official Assignee by the creditors of a bankrupt at any general meeting is in conflict with any advice given to the Official Assignee by the creditors’ committee, the direction given by the general meeting of creditors prevails.

Read this section in the full act → · Open Division 1 →

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Read the official text ↗

Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

The Singapore legislation on this platform is subject to copyright of the Singapore Government and is used/reproduced for the purposes of this platform with the permission of the Attorney-General's Chambers. Users of this platform may check Singapore Statutes Online for the latest version of the Singapore legislation.

What to look at next