Copyright© Mediacorp 2020. Pages in category "Companies that filed for Chapter 11 bankruptcy in 2020" The following 102 pages are in this category, out of 102 total. 23 Apr 2020 11:14PM (Updated: 07 Nov 2020 01:30PM) Bankruptcy figures in Singapore have skyrocketed to 462 in March. Jok Jok Mor (18 Mar 2020) Jok Jok Mor (which means “Porridge in a Pot” in Thai) is a casual Thai … Investors hardly needed anything else to worry about in the Asia Pacific region but news that Singapore’s biggest oil company has filed for bankruptcy protection has added to their woes. (recent update) If you are dissatisfied with a bankruptcy order made against you, you may appeal against the order by filing a Registrar’s Appeal within 14 days from the date of the bankruptcy order. From the start of 2020 to April, there have already been 1,438 bankruptcy applications and 397 bankruptcy orders made. Singapore is bracing for a further jump in bankruptcies after cases surged to the highest in almost 16 years even before the coronavirus pandemic hit. Singapore's economy is still in a "dire" situation due to the coronavirus pandemic, with unemployment and corporate bankruptcies likely to increase in … Bankruptcies in Singapore increased to 72 Companies in October from 56 Companies in September of 2020. October 19, 2020, 05:57 PM JJ Lin hosting YouTube live … It's been a tough year for the restaurant industry and food lovers alike. Ministry of Social and Family Development / 27 May 2020 The 3-year recidivism rates of offender case types discharged from the MSF Youth Homes (i.e. That’s largely thanks to the roughly $12 trillion in stimulus the International Monetary Fund reckons governments around the globe have thrown at Covid-19. In Singapore, individuals or creditors can file bankruptcy applications if a person is unable to repay debts of at least $15,000. Bankruptcies in 2020 also largely stayed around their levels a year earlier, at 1,492 through September compared with 1,423, according to court data. Asia defies expected rise in bankruptcies, thanks to govt relief Oct 23, 2020, 5:00 am Asia defies dire predictions of huge spike in bankruptcies, thanks to government help Revocation: 2. Singapore has seen over 50 years of major road projects, from the PIE to the North-South Corridor. Updated on 11/10/2020 at 3 p.m. ... Oil and gas drillers like Whiting Petroleum and Diamond Offshore filed for bankruptcy in late April, and J.Crew became the … 12 restaurant chains have filed for bankruptcy in 2020 in the wake of the pandemic. This list may not reflect recent changes (). Photo: AFP/Roslan Rahman. Oil storage tanks on Jurong island off Singapore on April 15, 2020. According to Section 61 of the Bankruptcy Act in Singapore, if someone owes anyone (any person or even a company) more than S$15,000.00, has property in Singapore, has resided / carried business in Singapore within a year of the filing, and is unable to pay their debts, a petitioning creditor can begin the bankruptcy application. History of Singapore… Bankruptcy applications filed on or after 30 July 2020 shall be made under the Insolvency, Restructuring and Dissolution Act 2018 (“IRDA”). If I am dissatisfied with a bankruptcy order made against me, how do I do appeal? Introduction to Bankruptcy Video (English subtitles), Introduction to Bankruptcy Video (Mandarin subtitles), Responsibilities and Rights of a Bankrupt, Bankruptcy Information Sheet for Debtors & Bankrupts, Guide to filling your Statement of Affairs for Bankruptcy, Bankruptcy Information Sheet for Creditors, Reduction of Monthly Instalment or Contribution, Number of Bankruptcy Applications, Orders Made and Discharges as at 31 Oct 2020 (55.4KB), Information On Outstanding Assets of a Defunct Company, © 2020 Do appeal 1,438 bankruptcy applications and a further 1,645 bankruptcy orders bankruptcy figures in Singapore '... Https: //io.mlaw.gov.sg/bankruptcy/forms/ bankruptcies that were estimated to rise in 2020 in EU... Operation on 30 July 2020, the Insolvency, Restructuring and Dissolution Act 2018 IRDA... Sears Holdings has undergone trouble for a decade, with their sales continuing to decline Online is by. 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