On 30 July 2020, the Insolvency, Restructuring and
Dissolution Act 2018 (IRDA) came into operation. The IRDA is an
omnibus legislation housing all of Singapore's insolvency and
restructuring laws in one single piece of legislation.
The general framework of the IRDA has been discussed in the
first article in our series of articles covering the various
aspects of IRDA and can be found here.
In this article, which is the fourth article in our series,
we will look at the liquidation provisions contained in the IRDA,
including an overview of liquidation and its features, amendments
to the liquidation regime that were implemented in 2017 and
relevant modifications made to the regime in the IRDA.
