Balancing Competing Interests: Discharge by Certificate of the Official Assignee

After more than a hundred years, Singapore made major reforms to its bankruptcy laws in 1995. These changes attracted considerable public interest, with the Government taking pains to emphasise that the new law was designed to “strike a balance between the interest of the debtor, the creditor and so...

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Main Author: MOHAN, S. Chandra
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 1999
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Online Access:https://ink.library.smu.edu.sg/sol_research/168
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Institution: Singapore Management University
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spelling sg-smu-ink.sol_research-11672010-09-21T08:36:04Z Balancing Competing Interests: Discharge by Certificate of the Official Assignee MOHAN, S. Chandra After more than a hundred years, Singapore made major reforms to its bankruptcy laws in 1995. These changes attracted considerable public interest, with the Government taking pains to emphasise that the new law was designed to “strike a balance between the interest of the debtor, the creditor and society”. The greatest scrutiny of the provisions, to determine whether in law and in practice the competing interests of debtors and creditors could effectively be balanced, was in respect of the discharge provisions. In this article, the writer, who was then the Official Assignee, discusses how the novel remedy of discharge by certificate of the Official Assignee was conceived, drafted and successfully implemented. 1999-08-01T07:00:00Z text https://ink.library.smu.edu.sg/sol_research/168 Research Collection Yong Pung How School Of Law eng Institutional Knowledge at Singapore Management University Asian Studies Bankruptcy Law
institution Singapore Management University
building SMU Libraries
continent Asia
country Singapore
Singapore
content_provider SMU Libraries
collection InK@SMU
language English
topic Asian Studies
Bankruptcy Law
spellingShingle Asian Studies
Bankruptcy Law
MOHAN, S. Chandra
Balancing Competing Interests: Discharge by Certificate of the Official Assignee
description After more than a hundred years, Singapore made major reforms to its bankruptcy laws in 1995. These changes attracted considerable public interest, with the Government taking pains to emphasise that the new law was designed to “strike a balance between the interest of the debtor, the creditor and society”. The greatest scrutiny of the provisions, to determine whether in law and in practice the competing interests of debtors and creditors could effectively be balanced, was in respect of the discharge provisions. In this article, the writer, who was then the Official Assignee, discusses how the novel remedy of discharge by certificate of the Official Assignee was conceived, drafted and successfully implemented.
format text
author MOHAN, S. Chandra
author_facet MOHAN, S. Chandra
author_sort MOHAN, S. Chandra
title Balancing Competing Interests: Discharge by Certificate of the Official Assignee
title_short Balancing Competing Interests: Discharge by Certificate of the Official Assignee
title_full Balancing Competing Interests: Discharge by Certificate of the Official Assignee
title_fullStr Balancing Competing Interests: Discharge by Certificate of the Official Assignee
title_full_unstemmed Balancing Competing Interests: Discharge by Certificate of the Official Assignee
title_sort balancing competing interests: discharge by certificate of the official assignee
publisher Institutional Knowledge at Singapore Management University
publishDate 1999
url https://ink.library.smu.edu.sg/sol_research/168
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