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← Insolvency, Restructuring and Dissolution Act 2018

Insolvency, Restructuring and Dissolution Act 2018 s 308

s 308 Persons who may make debtor’s bankruptcy application

308.—(1) Subject to this Part, a debtor’s bankruptcy application may be made —(a) against an individual debtor by himself or herself; or (b) against a firm by all the partners in the firm or by a majority of such partners who are residing in Singapore at the time of the making of the application. (2) A debtor’s bankruptcy application must be in the prescribed form and be supported by an affidavit to which is exhibited —(a) where the debtor is an individual, a statement of the debtor’s affairs containing such particulars of the debtor’s assets, creditors, debts and other liabilities as may be prescribed; (b) where the debtor is a firm, a statement of —(i) the firm’s affairs containing such particulars of its assets, creditors, debts and other liabilities as may be prescribed; and (ii) the affairs of each of the partners in the firm by whom the application is made containing such particulars of each partner’s assets, creditors, debts and other liabilities as may be prescribed; and (c) a statement containing such other information as may be prescribed.

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.

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