10 Things To Know Before Declaring Bankruptcy In Singapore
Bankruptcy is usually considered a last resort option. You should only file for bankruptcy in Singapore after careful consideration of your options. If it is the best way to deal with your financial problems, filing for bankruptcy may be for you.
Filing for bankruptcy however cannot solve all financial problems. This article cannot explain every aspect of the bankruptcy process. If you still have questions after reading it, you should speak with a bankruptcy lawyer.
Understanding Interlocutory Injunctions
An interlocutory injunction is a temporary order requiring the defendant of the application to do or refrain from doing an act. Wilful disobedience of such an order can amount to contempt of Court.
An interlocutory injunction is an injunction that is limited so as to apply only until the final hearing or final determination by the court of the rights of the parties; and accordingly it issues in a form that requires that, in the absence of a subsequent order to the contrary, it should continue up to but not beyond the final hearing of the proceedings.