IR012: Liquidation: Principles & Practice

Programme Objective
This seminar provides an overview of liquidation practice with a glimpse of the administration work involved.

It will also deal with inquisitive questions pertaining to whether a wound-up company can be revived; and if so, what impact it does have on the administration by the liquidator. Recent cases will also be discussed.

Programme Outline

The programme will cover the following aspects of liquidation:

1.Types of liquidation

2.Qualifications of Private Liquidator

3.Circumstances in which company may be wound up

4.Procedures of winding up

5.Parties who may apply for court winding up

6.Commencement of liquidation

7.Effects of liquidation

8.Powers and duties of liquidator

9.Creditors’ rights in a winding up

10.Committee of Inspection

11.Proof of debts / Adjudication of claims

12.Dividends distribution to various stakeholders

13.Tax assessment of company in liquidation

14.Life span of liquidation

15.Records keeping and retention period

The session will interlace with questions and answers and conclude with a comparison between liquidation and strike-off of a company.

Intended For

This Intermediate level programme is intended for participants with some knowledge and experience in liquidation work.

Competency Mapping
Category 4

Training Methodology
Lecture style, with Q&A

Programme Facilitator(s)
Wong Joo Wan

Joo Wan possesses more than 20 years of experience in restructuring, corporate finance, forensic investigations as well as insolvency both in Singapore and in Hong Kong.  He has personally undertaken various insolvency appointments and has also been involved in engagements to advise clients on mergers and acquisitions, capital raisings on both local and regional basis, including acquisition searches for companies wishing to establish a presence in Asia by way of acquisition.
He holds a degree in Bachelor of Commerce (Accounting & Finance) from University of Western Australia.  He is an approved Liquidator registered with the Accounting and Corporate Regulatory Authority (ACRA) in Singapore, a Chartered Accountant of Singapore (practising member) of the Institute of Singapore Chartered Accountants (ISCA), a member of the Certified Practising Accountants of Australia, and a Fellow with the Insolvency Practitioners Association of Singapore Limited (IPAS).

Institute of Singapore Chartered Accountants (ISCA)

60 Cecil Street, ISCA House
Singapore 049709

MRT:  Raffles Place Station, Exit F

Closing Date for Registration
1 week before programme or until full enrolment

Programme Details

Seminar Title IR012: Liquidation: Principles & Practice
Duration 1.0 day(s) (7.00 ISCA CPE Hours)
Session Date 22 Jul 2016

04 Oct 2016
Fee Members: $481.50
Non-Members: $577.80


22 Jul 2016  (9:00AM - 5:00PM)
   (Registration Closed)
04 Oct 2016  (9:00AM - 5:00PM)
   (Registration Closed)