MAYBANK SINGAPORE LIMITED v PAPA BAKERZ PTE. LTD.

[2025] SGHC 21 High Court (General Division) 10 February 2025 HC/CWU 315/2024 ( HC/SUM 152/2025 ) 21 min read
10 cases cited (5 SG, 5 foreign)

Outcome

Appeal allowed

the appeal were allowed, the company would not suffer any loss as “a profitable business [could] be carried on as it was before and handed back as a going concern”.

Source: [2025] SGHC 21, High Court (General Division), decided 10 February 2025. Read directly from the judgment.

Key facts

Court High Court (General Division)
Decided
Judge Mohamed Faizal
Charges / claim Insolvency Law
Outcome Appeal allowed
Counsel Advent Law Corporation, Fernandez LLC, Abdur Raheem, Lee Yun En, Mohamed Arshad bin Mohamed Tahir, Ng Huan Yong, Patrick Fernandez

Source: [2025] SGHC 21, High Court (General Division), decided — eLitigation. Updated .

Catchwords

Practice Areas

Judges (1)

Counsel (7)

Parties (2)

Case Significance

[2025] SGHC 21 is a High Court (General Division) decision dated 10 February 2025 concerning Insolvency Law, specifically addressing winding up. The judgment was delivered by Mohamed Faizal. The case was brought by Maybank Singapore Ltd (plaintiff) against Papa Bakerz Pte Ltd (defendant). Legal representation was provided by Advent Law Corporation and Fernandez LLC. The judgment cites 10 cases (5 Singapore, 5 foreign) and references 3 statutory provisions, including the Companies Act, the Insolvency, and the Restructuring and Dissolution Act.

[2025] SGHC 21 explained

MAYBANK SINGAPORE LIMITED v PAPA BAKERZ PTE. LTD. ([2025] SGHC 21) is a Singapore judgment decided by the High Court (General Division) on 10 February 2025. It is categorised under Insolvency Law. It is a recent decision; within this corpus no later judgment has cited it yet. 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 [2025] SGHC 21 about?

MAYBANK SINGAPORE LIMITED v PAPA BAKERZ PTE. LTD. ([2025] SGHC 21) is a High Court (General Division) decision from 2025. Its published catchwords are “Insolvency Law — Winding up — Winding-up order — Stay pending appeal” and “Insolvency Law — Winding up — Winding-up order — Discretion to order winding up”, which indicate the subject matter the judgment addresses. The full reasoning and orders are in the judgment itself, linked below.

Which legislation does [2025] SGHC 21 consider?

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

What earlier Singapore cases does [2025] SGHC 21 cite?

Among the in-corpus authorities it refers to are [2024] SGHC 305. The complete list of cases cited, and of later cases that cite this decision, is shown on this page.

Summary

Maybank Singapore applied to wind up Papa Bakerz Pte Ltd for failure to pay a statutory demand of $148,982.76. The court granted the winding-up order and dismissed the company's subsequent application for a stay pending appeal, finding the company was unable to demonstrate any prospect of satisfying the debt or that its creditors' interests would be protected.

What was decided in [2025] SGHC 21?

[2025] SGHC 21 (MAYBANK SINGAPORE LIMITED v PAPA BAKERZ PTE. LTD.) is a High Court (General Division) decision from 10 February 2025 addressing Insolvency Law, specifically winding up. The judgment was delivered by Mohamed Faizal.

Who were the parties in MAYBANK SINGAPORE LIMITED v PAPA BAKERZ PTE. LTD. ([2025] SGHC 21)?

The plaintiff in [2025] SGHC 21 was Maybank Singapore Ltd, and the defendant was Papa Bakerz Pte Ltd. Legal representation included Fernandez LLC and Advent Law Corporation. The case was decided on 10 February 2025 in the High Court (General Division).

Which judge decided [2025] SGHC 21?

[2025] SGHC 21 was delivered by Mohamed Faizal in the High Court (General Division) on 10 February 2025. The case concerned Insolvency Law.

What cases and statutes does [2025] SGHC 21 cite?

[2025] SGHC 21 cites 10 prior decisions, including 5 from foreign jurisdictions. It references Companies Act, Insolvency, Restructuring and Dissolution Act.

Statutes Cited

Insolvency, Restructuring and Dissolution Act Cases on this Act →
Restructuring and Dissolution Act Cases on this Act →

Cases Cited (10)

SG (2)
[2010] SGHC 174 [2024] SGHC 305
SLR (3)
[2007] 2 SLR(R) 268 [2008] 4 SLR(R) 348 [2021] 2 SLR 478
UK (2)
[1975] 1 WLR 579 [2015] 1 WLR 4435
MY (1)
[2003] 3 CLJ 49
HK (2)
[2021] HKCFI 207 [2021] HKCFI 311

Related cases

Other Singapore judgments involving the same parties or counsel.

Referenced in

Judgment

Read the full judgment on the official Singapore Courts portal.

Read on eLitigation

Source: eLitigation ([2025] SGHC 21)