Logistics Construction Pte Ltd

[2023] SGHC 231 High Court (General Division) 18 August 2023 HC/OA 726/2023
4 cases cited Cited by 1 case

Key facts

Court High Court (General Division)
Decided
Judge Goh Yihan
Charges / claim Companies
Counsel Aquinas Law Alliance LLP, Chong Chia & Lim LLC, Covenant Chambers LLC, Dentons Rodyk & Davidson LLP, Eldan Law LLP, Harry Elias Partnership LLP, Rajah & Tann Singapore LLP, Salem Ibrahim LLC, WHM Law Corporation, Chan Kok Yeow, Chong Kuan Keong, Christabelle Arya Gerard, Chua Peili Jacelyn, Darren Neo Eng Jye, Foong Han Peow, Jeffrey Lee Soon Quan, Kong Hui Xin, Annette, Lailatulqadriah binte Jaffar, Lee Kok Weng Mark, Lee Lieyong Sean, Loh Pei Wen Bernadette Rena, Lye Yu Min, Muhammad Imran Bin Abdul Rahim, Oh Shi Jie Jonathan, Tan Han Ru Amelia, Tan Jia Jun, James, Tay Yan Xia, Wang Yulong

Source: [2023] SGHC 231, High Court (General Division), decided — eLitigation. Updated .

Catchwords

Practice Areas

Judges (1)

Counsel (28)

Aquinas Law Alliance LLP Firm Chong Chia & Lim LLC Firm Covenant Chambers LLC Firm Dentons Rodyk & Davidson LLP Firm Eldan Law LLP Firm Harry Elias Partnership LLP Firm Rajah & Tann Singapore LLP Firm Salem Ibrahim LLC Firm
WHM Law Corporation Firm
Chan Kok Yeow Counsel for the creditor
Chong Kuan Keong Counsel for the creditor
Christabelle Arya Gerard Counsel for the creditor
Chua Peili Jacelyn Counsel for the applicant
Darren Neo Eng Jye Counsel for the creditor
Foong Han Peow Counsel for the creditor
Jeffrey Lee Soon Quan Counsel for the creditor
Kong Hui Xin, Annette Counsel for the creditor
Lailatulqadriah binte Jaffar Counsel for the creditor
Lee Kok Weng Mark Counsel for the creditor Lee Lieyong Sean Counsel for the applicant
Loh Pei Wen Bernadette Rena Counsel for the creditor
Lye Yu Min Counsel for the creditor Muhammad Imran Bin Abdul Rahim Counsel for the creditor
Oh Shi Jie Jonathan Counsel for the creditor
Tan Han Ru Amelia Counsel for the creditor Tan Jia Jun, James Counsel for the creditor Tay Yan Xia Counsel for the creditor
Wang Yulong Counsel for the creditor

Parties (1)

Case Significance

Re Logistics Construction Pte Ltd [2023] SGHC 231 is a grounds of decision of Goh Yihan JC in the General Division of the High Court, delivered on 18 August 2023 in Originating Application No 726 of 2023. The applicant, Logistics Construction Pte Ltd, a Singapore-incorporated company and wholly owned subsidiary of Catalist-listed Boldtek Holdings Limited, applied for a six-month moratorium under section 64(1) of the Insolvency, Restructuring and Dissolution Act 2018. At the hearing on 14 August 2023, Goh Yihan JC allowed the application but granted only a three-month moratorium, providing brief grounds for the benefit of the numerous creditors.

Summary

Logistics Construction Pte Ltd, a Singapore building company and wholly owned subsidiary of Catalist-listed Boldtek Holdings Limited, applied for a six-month moratorium under s 64(1) of the Insolvency, Restructuring and Dissolution Act 2018 after financial difficulties linked to the COVID-19 pandemic and its parent's trading suspension. Goh Yihan JC allowed the application but shortened the moratorium to three months, reasoning that an application to extend would not be unduly resource-intensive. The moratorium order and other ancillary prayers, including voluntary disclosures, were granted.

What was Re Logistics Construction Pte Ltd [2023] SGHC 231 about?

It was an application by Logistics Construction Pte Ltd before Goh Yihan JC for a six-month moratorium under section 64(1) of the Insolvency, Restructuring and Dissolution Act 2018. The court allowed the application but granted only a three-month moratorium on 18 August 2023.

How long was the moratorium granted in [2023] SGHC 231?

Goh Yihan JC allowed a three-month moratorium rather than the six months sought by Logistics Construction Pte Ltd, a wholly owned subsidiary of Catalist-listed Boldtek Holdings Limited, at the hearing on 14 August 2023.

Statutes Cited

Cases Cited (4)

SG (2)
[2022] SGHC 196 [2023] SGHC 148
SLR (2)
[2019] 2 SLR 77 [2019] 3 SLR 979

Cited By (1)

Related cases

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Referenced in

Judgment

Read the full judgment on the official Singapore Courts portal.

Read on eLitigation

Source: eLitigation ([2023] SGHC 231)