insolvency
Gov’t extends application for the Simplified Insolvency Programme until 2026
Gov’t extends application for the Simplified Insolvency Programme until 2026
The programme helps MSCs facing financial difficulties.
SG records 959 bankruptcy filings in Q123
The figure is higher than the application received in Q122.
Private trustees take over bankruptcy cases in Singapore
Legal experts said this change will speed up bankruptcy cases, but warn of negative implications.
Cash flow test now sole determinant for company insolvency
This is based on a new ruling by the Court of Appeal.
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