Guide

Filing creditors' objections to reduce share capital (members' approval)

Audience

Accounting entities

Businesses

Corporate Service Providers (CSP)

Task or topic

Shares and share information

4 December 2025

If a creditor filed an objection to your company's reduction of share capital, you need to file notice of their application to Court.

This page is under development and being progressively updated.

Before you file

This guide explains how to file notice of creditor's application to Court for cancellation of special resolution under section 78D.

What you need to know

Key facts	Details
Who may file	Companies that: Filed the publication for the proposed reduction of share capital; and Received creditor objections within six weeks after that filing date. You may either: File directly as a position holder; or Engage a corporate service provider (CSP) to file on your behalf.
When you can file	Between six and eight weeks from the date of the special resolution
What you need to prepare	Creditor's application details: Date of application to court Date and time of court hearing Creditor particulars The details you need depend on the type of creditor: Individual creditor: Name of liquidator Email address Contact number Contact address Local corporate creditor: Unique entity number (UEN) Foreign corporate creditor: Entity name Country or region of incorporation or registration (home country) Corporate registration number Entity's foreign address

Key facts

Details

Who may file

Companies that:

Filed the publication for the proposed reduction of share capital; and
Received creditor objections within six weeks after that filing date.

You may either:

File directly as a position holder; or
Engage a corporate service provider (CSP) to file on your behalf.

When you can file

Between six and eight weeks from the date of the special resolution

What you need to prepare

Creditor's application details:

Date of application to court
Date and time of court hearing

Creditor particulars

The details you need depend on the type of creditor:

Individual creditor:
- Name of liquidator
- Email address
- Contact number
- Contact address

Local corporate creditor:
- Unique entity number (UEN)
Foreign corporate creditor:
- Entity name
- Country or region of incorporation or registration (home country)
- Corporate registration number
- Entity's foreign address

Step 1: Log in to Bizfile and open the “Update reduction of share capital” eService

Follow these steps to navigate to the Update reduction of share capital eService.

Note: All entity and personal information (including UEN, entity details, NRIC or FIN numbers, names and addresses) shown are dummy data for illustration purposes only.

1. Click "Login" on the Bizfile homepage and select "Business User" to log in via Corppass.

Step 2: Enter the creditor's application details

Provide the court application details and add the creditor's details.

1. On the "Reduction of share capital" page, select “File notice of creditor's application to court for cancellation of special resolution under S78D” and click "Start".