Re: LIM KENG TECK

[2023] SGHC 287 High Court (General Division) 12 October 2023 HC/B 206/2023 ( HC/SUM 2771/2023 )

1 cases cited

Key facts

Court	High Court (General Division)
Decided	12 October 2023
Judge	Goh Yihan
Charges / claim	Insolvency Law
Counsel	Insolvency & Public Trustee's Office, Lexton Law Corporation, Christopher Eng Chee Yang, Faith Tan Fen Yi, Lim Yew Jin, Sim Puay Jain Edwin

Source: [2023] SGHC 287, High Court (General Division), decided 12 October 2023 — eLitigation. Updated 10 July 2026.

Catchwords

Insolvency Law — Bankruptcy — Bankrupt’s duties and liabilities — Review by court of determination of monthly contribution and target contribution — Section 340(1) Insolvency, Restructuring and Dissolution Act 2018 (2020 Rev Ed) Insolvency Law — Bankruptcy — Bankrupt’s duties and liabilities — Power of court to vary monthly contribution and target contribution — Sections 341(1) and 341(2)(c) Insolvency, Restructuring and Dissolution Act 2018 (2020 Rev Ed)

Practice Areas

Insolvency Law

Judges (1)

Goh Yihan Delivered

Counsel (6)

Insolvency & Public Trustee's Office Firm

Lexton Law Corporation Firm

Christopher Eng Chee Yang Counsel for the respondent

Faith Tan Fen Yi Counsel for the applicant

Lim Yew Jin Counsel for the respondent Sim Puay Jain Edwin Counsel for the applicant

Parties (2)

Official Assignee Respondent

Lim Keng Teck Applicant

Case Significance

Re Lim Keng Teck [2023] SGHC 287 is a reserved judgment of Goh Yihan J in the General Division of the High Court, delivered on 12 October 2023 in Bankruptcy No 206 of 2023 (Summons No 2771 of 2023), in the matter of the Insolvency, Restructuring and Dissolution Act 2018. The claimant, Mr Lim Keng Teck, who was adjudged a bankrupt on 23 February 2023, applied under s 340 of the IRDA for the court to review the Official Assignee's notice of determination issued on 18 August 2023, in which the OA had determined his monthly contribution at $7,630 and a final target contribution after 52 months. The judgment engages the court's power to review and vary a bankrupt's monthly and target contributions under ss 340 and 341 of the IRDA.

Summary

Lim Keng Teck, adjudged bankrupt in February 2023, applied under s 340 of the Insolvency, Restructuring and Dissolution Act 2018 for the court to review the Official Assignee's second determination fixing his monthly contribution at $7,630 and target contribution at $396,760. The court considered its powers to vary these amounts under ss 341(1) and 341(2)(c). The High Court allowed the application in part, revising the monthly contribution to $4,004.90 until 2 January 2025, when it would be reassessed.

What was Re Lim Keng Teck [2023] SGHC 287 about?

It was an application by bankrupt Mr Lim Keng Teck before Goh Yihan J under s 340 of the IRDA to review the Official Assignee's determination of his monthly and target contributions, decided on 12 October 2023.

What did the Official Assignee determine in [2023] SGHC 287?

In the determination issued on 18 August 2023, the Official Assignee set Mr Lim's monthly contribution at $7,630 and fixed a final target contribution after 52 months, which he applied to the court to review under s 340 of the IRDA.