Insolvency, Restructuring and Dissolution Act to Commence on 30 July 2020
27 Jul 2020
The Insolvency, Restructuring and Dissolution Act (“IRDA”) will commence on 30 July 2020. Together with new pieces of subsidiary legislation, the IRDA ensures that Singapore’s insolvency and restructuring laws remain progressive and modern, whilst balancing the interests of debtors, creditors and other stakeholders.
This article highlights the key features of the IDRA. Please click here to read the update.