BABEL HOLDING LIMITED

Q: Which legislation does [2023] SGHC 329 consider?

The judgment refers to Companies Act (Cap 50). The statutes cited are listed in full on this page, each linking to its primary text.

[2023] SGHC 329 High Court (General Division) 24 November 2023 HC/OA 881/2023 21 min read

9 cases cited (7 SG, 2 foreign) Cited by 1 case

Outcome

Application granted

I granted the application in its entirety, which would include the extension of the moratoria until three weeks after the scheme meeting is held.

Source: [2023] SGHC 329, High Court (General Division), decided 24 November 2023. Read directly from the judgment.

Key facts

Court	High Court (General Division)
Decided	24 November 2023
Judge	Aedit Abdullah
Charges / claim	Companies
Outcome	Application granted
Counsel	Allen & Gledhill LLP, Breakpoint LLC, FC Legal Asia LLC, Meritus Law LLC, Prolegis LLC, RCL Chambers Law Corporation, Shook Lin & Bok LLP, Alexander Lawrence Yeo, Chan Chee Yin Andrew, Chan Michael Karfai, Chew Di Shun, Dickson, Choong Guo Yao Sean, Chu Hua Yi, Edwin Yang Yingrong, Foo Maw Shen, Jo Tay Yu Xi, Lee Pei Yi Jamey, Lee Suet Yean Cherlyn, Low Hui Xuan Carrisa, Poh Yee Shing, Richard Xu Hanqi, Tan Jinwen, Mark, Tang Yuan Jonathan, Yeoh Tze Ning, Yuen Ai Zhen Carol

Source: [2023] SGHC 329, High Court (General Division), decided 24 November 2023 — eLitigation. Updated 10 July 2026.

Catchwords

Companies — Schemes of arrangement — Application for leave to convene scheme meeting

Practice Areas

Companies

Judges (1)

Aedit Abdullah Delivered

Counsel (25)

Parties (7)

Babel Holding Limited Applicant Gate Technology Inc Third Party Genesis Global Capital, LLC Third Party Parastate Labs Inc Third Party Smarti Labs Main LP Third Party Wang Li Third Party Yang Zhou Third Party

Case Significance

Re Babel Holding Ltd (Parastate Labs, Inc and others, non-parties) [2023] SGHC 329 is grounds of decision delivered by Aedit Abdullah J in the General Division of the High Court on 24 November 2023, in Originating Application No 881 of 2023. Babel Holding Limited, an entity within the Babel Group of companies, sought leave to convene a scheme meeting under s 210(1) of the Companies Act 1967, an application opposed by non-party Parastate Labs, Inc on several grounds. The judge found those objections to be without merit and granted the application, noting that an urgent appeal was being pursued by Parastate. The grounds cite 9 authorities, including 2 foreign decisions, and have been cited once.

[2023] SGHC 329 explained

BABEL HOLDING LIMITED ([2023] SGHC 329) is a Singapore judgment decided by the High Court (General Division) on 24 November 2023. It is categorised under Companies. Within this corpus it has since been cited by 1 other reported Singapore judgment, a measure of how often later decisions have referred to it. This page summarises what the reported decision covers and links the primary sources — the full judgment, the statutes it cites, and the other cases it engages with — so the decision can be read in context. It is reference information, not legal advice, and it does not state the outcome or any holding beyond what the official judgment records.

What is [2023] SGHC 329 about?

BABEL HOLDING LIMITED ([2023] SGHC 329) is a High Court (General Division) decision from 2023. Its published catchwords are “Companies — Schemes of arrangement — Application for leave to convene scheme meeting”, which indicate the subject matter the judgment addresses. The full reasoning and orders are in the judgment itself, linked below.

Which legislation does [2023] SGHC 329 consider?

The judgment refers to Companies Act (Cap 50). The statutes cited are listed in full on this page, each linking to its primary text.

What earlier Singapore cases does [2023] SGHC 329 cite?

Among the in-corpus authorities it refers to are [2023] SGHC 98. The complete list of cases cited, and of later cases that cite this decision, is shown on this page.

How influential is [2023] SGHC 329?

Within this corpus, [2023] SGHC 329 has been cited by 1 later reported Singapore judgment. That count reflects references from other decisions held in this corpus only and is a conservative lower bound on how often the case has actually been cited.

Summary

Babel Holding Limited, an entity in the Babel group of companies under moratoria protection, applied under section 210(1) of the Companies Act 1967 for leave to convene a scheme meeting for a proposed scheme of arrangement combining claims across the group. Parastate Labs, Inc, a non-party creditor, opposed the application on grounds including inadequate disclosure and abuse of process. The court found the objections without merit, held that fairness of the scheme was a matter for the meeting rather than the leave stage, and granted the application in its entirety.

What did Re Babel Holding Ltd [2023] SGHC 329 decide?

Aedit Abdullah J granted Babel Holding Limited leave to convene a scheme meeting under s 210(1) of the Companies Act 1967 in Originating Application No 881 of 2023, rejecting objections raised by non-party Parastate Labs, Inc as without merit.

Who opposed the scheme meeting application in [2023] SGHC 329?

Parastate Labs, Inc, a non-party, opposed Babel Holding Limited's application for leave to convene a scheme meeting on several grounds; the objections were dismissed, and Parastate was pursuing an urgent appeal.