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← Insolvency, Restructuring and Dissolution Act 2018

Insolvency, Restructuring and Dissolution Act 2018 s 379

s 379 Power to appoint special manager

379.—(1) The Official Assignee may, if satisfied that the nature of the bankrupt’s estate or business or the interests of the creditors generally require the appointment of a special manager of the estate or business other than the Official Assignee, appoint a manager of the estate or business to act, with such powers, including any of the powers of a receiver, as are entrusted to the manager by the Official Assignee. (2) The bankrupt may be appointed special manager. (3) A special manager must give such security and account in such manner as the Official Assignee may direct. (4) The special manager is to receive such remuneration as the Official Assignee may determine.

Read this section in the full act → · Open Division 7 →

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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