Form 77 PDF Details

Understanding the intricacies of the Form 77 is pivotal for creditors involved in the winding up process of a company. This form, as outlined under the Companies Act and associated regulations, serves as a structured method for creditors to submit their claims of debt against a company undergoing liquidation or under judicial management. It mandates the provision of comprehensive details including the creditor's information, specifics of the debt, and any securities held. Additionally, it clarifies the role of individuals authorized to fill out this form on behalf of the creditor, ensuring the claim is backed by legitimate authorization and accurate information. The form also emphasizes the importance of attaching documentary evidence to substantiate the debt claimed, reflecting the legal principle that the burden of proof falls on the creditor. With severe warnings against the submission of false claims, including potential fines or imprisonment, Form 77 underscores the legal boundaries within which creditors must operate. This form not only facilitates a streamlined process for debt claim submission but also serves as a legal document that aids in the fair and orderly distribution of a company's assets during liquidation, ensuring that rights and claims are properly recognized and adjudicated.

QuestionAnswer
Form NameForm 77
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other namesform 77 pdf, form 77 companies, 77 proof debt, debt form

Form Preview Example

COMPANIES ACT (CHAPTER 50)

COMPANIES REGULATIONS

(SECTION 327 AND REGULATIONS 42, 44 AND 52)

PROOF OF DEBT FORM

FORM

77

1Companies Winding Up Number

(Not applicable to companies under Judicial Management)

Not Applicable

3 Particulars of Creditor Claiming Debt

2Name of Wound Up Company/Company under Judicial Management

(Delete where inapplicable)

MF GLOBAL SINGAPORE PTE. LIMITED (IN CREDITORS’ VOLUNTARY LIQUIDATION) (Co. Registration No.: 198403253G)

Name of Creditor:

I/C/Passport No./Company/Business Registration No.:

Postal Address (Please see note a):

Contact Nos. (Tel/Pager/HP):

Fax No.:E-mail Address: Creditor’s Reference No. (Please see note b):

4Particulars of Debt

Date Debt

Incurred

Details of Debt (Please see notes c, d & e)

Currency

Amount

Total Amount of Debt Claimed (In Figures):

Total Amount of Debt Claimed (In Words):

5Security Held (Please indicate “NIL” if no securities are held by creditor)

Brief Description & Value of Securities:

6Particulars Of Persons Authorised To Complete This Proof of Debt Form (if same as in box 3 above, please indicate “see box 3 above”)

Name:

NRIC No./Passport No.:

Relationship to Creditor:

(State whether director/employee/solicitors/accountant, etc)

Name of Company/Firm: (Where applicable)

Contact Nos. (Tel/Pager/HP):

 

Fax No.:

E-mail Address:

7Signature of Creditor/Person Authorised To Complete This Proof Of Debt Form

7.1I declare that to the best of my knowledge and belief, the company owes the creditor the amount claimed in box 4.

7.2I declare that I am duly authorised, by the creditor/under the seal of the creditor company, to complete this proof of debt.

Signature:

_______________________________

Date: _______/______________/_______________

 

 

(Day)

(Month)

(Year)

W A R N I N G

Lodging a false proof of debt is a criminal offence punishable with fine or imprisonment or both.

Note:

a.Please inform the Liquidator/Official Receiver/Judicial Manager of any change in address.

b.Please indicate the reference number that will be quoted in future correspondence with the liquidator or judicial manager.

c.Examples of Debts are:

- Goods Supplied

- Services Rendered

- GST

- Others (please specify)

- Wages and Salaries

- Personal Loan

- Overdraft facilities

 

- Income Tax

- Property Tax

- CPF

 

d.Please attach copies of documents substantiating the debt. The onus is upon the creditor to prove the debt.

e.For claims made by an authorised person on behalf of a group of workmen and others employed by the company, please provide a schedule reflecting the name, identification/passport no., address, debt description, period for which wages are due and the amount due, for each individual workman/employee.

For Official Use Only

Adjudicated on __________ day of __________________ year ________

Admitted as follows:

 

Preferential

$ _____________________

Ordinary

$ _____________________

Total Admitted

$ _____________________

Amount Rejected

$ _____________________

Total Amount of Debt Claimed

$ ===================

__________________________________

Signature of Liquidator/Judicial Manager

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2. The third stage is usually to complete these blanks: Total Amount of Debt Claimed In, Total Amount of Debt Claimed In, Security Held Please indicate NIL, and Brief Description Value of.

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3. This next step will be easy - fill out every one of the form fields in if same as in box above please, Name, NRIC NoPassport No, Relationship to Creditor State, Fax No, Email Address, Signature of CreditorPerson, Signature, I declare that to the best of my, Date, Day Month Year, Lodging a false proof of debt is a, and W A R N I N G in order to finish the current step.

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As for Day Month Year and NRIC NoPassport No, ensure you double-check them in this section. These are certainly the key fields in this form.

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