Publication Type

Journal Article

Publication Date

2008

Abstract

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.

Discipline

Asian Studies | Bankruptcy Law

Research Areas

Law, Society and Governance

Publication

Singapore Academy of Law Journal

Volume

20

Issue

SI

First Page

464

Last Page

494

ISSN

0218-2009

Publisher

Singapore Academy of Law

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