BOB YAP CHENG GHEE & 2 Ors v ENVY ASSET MANAGEMENT PTE. LTD.
Key facts
| Court | High Court (General Division) |
|---|---|
| Decided | |
| Judge | Goh Yihan |
| Charges / claim | Insolvency Law |
| Counsel | Shook Lin & Bok LLP, WongPartnership LLP, Chan Ming Onn David, Fong Zhiwei Daryl, Lin Ruizi, Tan Wei Sze, Toh Yong Xiang, Yong Ying Jie Denise |
Source: [2023] SGHC 342, High Court (General Division), decided — eLitigation. Updated .
Catchwords
Practice Areas
Judges (1)
Counsel (8)
Case Significance
BOB YAP CHENG GHEE & 2 Ors v ENVY ASSET MANAGEMENT PTE. LTD. [2023] SGHC 342 is a judgment of the General Division of the High Court delivered by Goh Yihan J on 1 December 2023. It concerns three parallel summonses filed in Companies Winding Up Nos 108, 109 and 110 of 2021 by the joint and several interim judicial managers, Bob Yap Cheng Ghee, Toh Ai Ling and Wong Pheng Cheong Martin, of the three Envy entities: Envy Asset Management Pte Ltd, Envy Management Holdings Pte Ltd and Envy Global Trading Pte Ltd. The matter arose under Part 7 and section 125 of the Insolvency, Restructuring and Dissolution Act 2018 and addresses the administration of insolvent estates, drawing on six statutes and nine cited authorities.
[2023] SGHC 342 explained
BOB YAP CHENG GHEE & 2 Ors v ENVY ASSET MANAGEMENT PTE. LTD. ([2023] SGHC 342) is a Singapore judgment decided by the High Court (General Division) on 1 December 2023. It is categorised under Insolvency Law. 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 342 about?
BOB YAP CHENG GHEE & 2 Ors v ENVY ASSET MANAGEMENT PTE. LTD. ([2023] SGHC 342) is a High Court (General Division) decision from 2023. Its published catchwords are “Insolvency Law — Administration of insolvent estates”, 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 342 consider?
The judgment refers to Companies Act (Cap 50), Corporations Act, Insolvency, Restructuring and Dissolution Act, and Insurance Act (Cap 142), among other provisions. The statutes cited are listed in full on this page, each linking to its primary text.
How influential is [2023] SGHC 342?
Within this corpus, [2023] SGHC 342 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
The joint and several interim judicial managers of Envy Asset Management and two related Envy companies brought applications in winding-up matters under the Insolvency, Restructuring and Dissolution Act 2018 concerning the administration of the insolvent estates. The liquidators sought directions for a proposed consolidation of claims against certain overwithdrawn investors, supported by the committee of inspection and an investors' working group, with no creditor objection. Goh Yihan J made the directions sought in the applications.
What was BOB YAP CHENG GHEE v ENVY ASSET MANAGEMENT [2023] SGHC 342 about?
It was a General Division of the High Court matter decided by Goh Yihan J on 1 December 2023, involving three parallel winding-up summonses brought by the interim judicial managers of Envy Asset Management, Envy Management Holdings and Envy Global Trading under the Insolvency, Restructuring and Dissolution Act 2018.
Which court and judge decided Envy Asset Management [2023] SGHC 342?
The General Division of the High Court decided it, with Goh Yihan J delivering the judgment on 1 December 2023. The case fell under Part 7 and section 125 of the Insolvency, Restructuring and Dissolution Act 2018, concerning the administration of insolvent estates.
Statutes Cited
Cases Cited (9)
Related cases
Other Singapore judgments involving the same parties or counsel.
Referenced in
Statutes interpreted in this judgment
Legal concepts & references
Judgment
Read the full judgment on the official Singapore Courts portal.
Read on eLitigationSource: eLitigation ([2023] SGHC 342)