What is the Simplified Winding Up Programme? The Simplified Winding Up Programme (SWUP) provides small and micro companies with a simplified creditors’ winding up procedure. This applies when an insolvent company voluntarily wishes to be wound up. The SWUP is one-half of the Simplified Insolvency Programme, which also includes a…
Posts written by Ryan Cheong
Simplified Insolvency Programme Guide: Debt Restructuring
What is the Simplified Debt Restructuring Programme? The Simplified Debt Restructuring Programme (SDRP) is intended to assist with the debt restructuring of micro and small companies which may not have substantial assets, such that the regular debt restructuring procedure would be too costly to be practical. To assist in this…
