Insolvency programme for micro, small companies to be revamped with simpler criteria, streamlined processes
The new programme will become a permanent feature of the Insolvency, Restructuring and Dissolution Act 2018 [SINGAPORE] An insolvency programme for micro and small companies will be revamped to make debt restructuring and winding up more accessible, with simpler eligibility criteria and streamlined processes. This new programme “aims to facilitate the orderly winding up of…

