CVC v CVB

Case Significance

CVC v CVB [2023] SGHC(A) 28 is a reserved judgment of the Appellate Division of the High Court delivered on 8 August 2023 in Civil Appeal No 68 of 2022, with Debbie Ong Siew Ling JAD delivering the judgment of the court sitting with Valerie Thean J and Andre Maniam J. The appellant Wife appeals against the orders of a Judge in the Family Division of the High Court relating to the division of matrimonial assets, maintenance for the children, and costs, following the grant of a divorce; the parties were married on 3 January 2008 and have three children. The judgment considers several issues arising from the division of matrimonial assets, including the concept of 'sharing' assets when determining direct contributions and whether Central Provident Fund moneys used to buy property should be refunded to a spouse's CPF account before or after the sale proceeds are divided.