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)

Catchwords

Insolvency Law — Winding up — Winding-up order — Stay pending appeal Insolvency Law — Winding up — Winding-up order — Discretion to order winding up

Practice Areas

Insolvency Law

Judges (1)

Mohamed Faizal Delivered

Counsel (7)

Advent Law Corporation Firm Fernandez LLC Firm Abdur Raheem Counsel Plaintiff Lee Yun En Counsel Defendant Mohamed Arshad bin Mohamed Tahir Counsel Defendant Ng Huan Yong Counsel Plaintiff Patrick Fernandez Counsel Defendant

Parties (2)

Maybank Singapore Ltd Plaintiff Papa Bakerz Pte Ltd Defendant

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.

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.?

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

Companies Act (Cap 50)

Insolvency, Restructuring and Dissolution Act

Restructuring and Dissolution 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

Judgment

Read the full judgment on the official Singapore Courts portal.

Read on eLitigation

Source: eLitigation ([2025] SGHC 21)