Responses to feedback received from Public Consultation on Proposed Amendments to the Companies Act to Strengthen Singapore as an International Centre for Debt Restructuring
21 Oct 2016 to 2 Dec 2016
The Ministry of Law held a public consultation from 21 Oct 2016 to 2 Dec 2016 on the proposed amendments to the Companies Act to enhance Singapore’s debt restructuring framework. We received feedback from various local and international respondents, including financial institutions, accountants, lawyers, professional associations and academics.
The Ministry of Law would like to thank all respondents for their feedback. Respondents provided views on substantive policy issues as well as drafting suggestions. We have carefully considered all the suggestions received and have incorporated much of the feedback into a revised Bill.
The Ministry of Law has prepared a response to address feedback relevant to substantive policy issues, a copy of which is enclosed at ANNEX A(426 KB).
Last updated on 27 Feb 2017