WONG JOO WAN (IN HIS CAPACITY AS THE JUDICIAL MANAGER OF BRAVO BUILDING CONSTRUCTION PTE LTD (UNDER JUDICIAL MANAGEMENT)) v BRAVO BUILDING CONSTRUCTION PTE LTD (UNDER JUDICIAL MANAGEMENT)

[2024] SGHC 127 High Court (General Division) 13 May 2024 • HC/OA 410/2024 • 13 min read

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

Catchwords

Insolvency Law — Judicial management — Extension of time Insolvency Law — Judicial management — Whether judicial management order should be extended Insolvency Law — Judicial management — Whether time to put forward statement of proposals should be extended Companies — Receiver and manager — Judicial management order — Whether judicial management order should be extended

Practice Areas

Insolvency Law Companies

Judges (1)

Goh Yihan Delivered

Counsel (7)

Quahe Woo & Palmer LLC Firm Sim Chong LLP Firm Chen Sixue Counsel Applicant Kristi Hwang Li Ting Counsel Non-Party Leong Lijie Counsel Non-Party Lim Wei Ming Keith Counsel Non-Party Sim Chong Counsel Applicant

Parties (2)

Bravo Building Construction Pte Ltd Respondent Wong Joo Wan Applicant

Case Significance

Wong Joo Wan (in his capacity as judicial manager of Bravo Building Construction Pte Ltd (under judicial management)) v Bravo Building Construction Pte Ltd (under judicial management) [2024] SGHC 127 was an ex tempore judgment delivered in the General Division of the High Court of Singapore on 13 May 2024 by Goh Yihan J, in Originating Application No 410 of 2024, after a hearing on 10 May 2024. The application was brought by Mr Wong Joo Wan, the judicial manager of Bravo Building Construction Pte Ltd, under Part 7 of the Insolvency, Restructuring and Dissolution Act 2018 and ss 107(3)(a) and 111(3)(a) of that Act, seeking three primary orders: that the applicant be given an extension of 60 days from 7 May 2024 to put forward a Statement of Proposals, that the judicial management of Bravo be extended for 60 days from 5 August 2024, and an order in respect of the applicant's appointment.

Summary

The applicant, the judicial manager of Bravo Building Construction Pte Ltd, applied for an extension of time to put forward a Statement of Proposals under the Insolvency, Restructuring and Dissolution Act 2018, as well as extensions of the judicial management order and of his appointment as judicial manager. The General Division of the High Court allowed the applicant 60 days from 7 May 2024 to put forward the Statement of Proposals but declined to grant the other orders, holding that extensions of a judicial management order could not be granted incidentally where there were no independent reasons supporting them. The court gave the applicant liberty to reapply and ordered the costs to be paid out of the assets of the company.

What was Wong Joo Wan v Bravo Building Construction Pte Ltd [2024] SGHC 127 about?

Decided by Goh Yihan J on 13 May 2024, this ex tempore judgment addressed an application by Mr Wong Joo Wan, judicial manager of Bravo Building Construction Pte Ltd, for extensions of time to file a Statement of Proposals and to extend the judicial management.

What orders were sought in [2024] SGHC 127?

The applicant sought a 60-day extension from 7 May 2024 to put forward a Statement of Proposals, a 60-day extension of Bravo's judicial management from 5 August 2024, and an order regarding the applicant's appointment, under Part 7 of the Insolvency, Restructuring and Dissolution Act 2018.