Energe Asia Pte. Ltd.

Q: Which legislation does [2025] SGHC 259 consider?

The judgment refers to 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.

[2025] SGHC 259 High Court (General Division) 23 December 2025 HC/OA 1362/2025 ( HC/SUM 3633/2025 ) 30 min read

3 cases cited Cited by 1 case

Outcome

Application dismissed

I dismiss the Application.

Source: [2025] SGHC 259, High Court (General Division), decided 23 December 2025. Read directly from the judgment.

Key facts

Court	High Court (General Division)
Decided	23 December 2025
Judge	Mohamed Faizal
Charges / claim	Companies
Outcome	Application dismissed
Counsel	Allen & Gledhill LLP, Delta Law Corporation, Rajah & Tann Singapore LLP, Shook Lin & Bok LLP, Tan Kim Seng & Partners, Virtus Law LLP, Watershed Law LLC, Chew Jing Wei, Fan Kin Ning, Lee Lieyong Sean, Lock Hui Xuan, Ng Yeow Khoon, Ooi Chit Yee, Teo Hee Sheng, Christian, Thomas Benjamin Lawrence, Ting Yong Hong, Yong Zhixin Esther

Source: [2025] SGHC 259, High Court (General Division), decided 23 December 2025 — eLitigation. Updated 3 July 2026.

Catchwords

Companies — Schemes of arrangement — Company seeking moratorium — Whether application was made in good faith — Whether there is sufficient evidence of creditor support — Section 64 Insolvency, Restructuring and Dissolution Act 2018

Practice Areas

Companies

Judges (1)

Mohamed Faizal Delivered

Counsel (17)

Allen & Gledhill LLP Firm Delta Law Corporation Firm Rajah & Tann Singapore LLP Firm Shook Lin & Bok LLP Firm Tan Kim Seng & Partners Firm Virtus Law LLP Firm Watershed Law LLC Firm Chew Jing Wei Counsel Third Party Fan Kin Ning Counsel Third Party Lee Lieyong Sean Counsel Applicant Lock Hui Xuan Counsel Applicant Ng Yeow Khoon Counsel Third Party Ooi Chit Yee Counsel Third Party Teo Hee Sheng, Christian Counsel Third Party Thomas Benjamin Lawrence Counsel Third Party Ting Yong Hong Counsel Third Party Yong Zhixin Esther Counsel Third Party

Parties (10)

Aditya Birla Global Trading (Singapore) Pte Ltd Third Party Energe Asia Pte Ltd Applicant Flex Commodities FZCO Third Party NEC Capital Third Party Oilmar DMCC Third Party Olea Global Pte Ltd Third Party PETCO Trading Labuan Co Ltd Third Party Propeller Fuels Ltd Third Party The Hawks DMCC Third Party United Overseas Bank Ltd Third Party

Case Significance

[2025] SGHC 259 is a High Court (General Division) decision dated 23 December 2025 concerning Companies, specifically addressing schemes of arrangement. The judgment was delivered by Mohamed Faizal. Legal representation was provided by Delta Law Corporation. The judgment cites 3 cases and references 2 statutory provisions, including the Insolvency and the Restructuring and Dissolution Act. This decision has been cited by 1 subsequent judgment in the dataset.

[2025] SGHC 259 explained

Energe Asia Pte. Ltd. ([2025] SGHC 259) is a Singapore judgment decided by the High Court (General Division) on 23 December 2025. 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 [2025] SGHC 259 about?

Energe Asia Pte. Ltd. ([2025] SGHC 259) is a High Court (General Division) decision from 2025. Its published catchwords are “Companies — Schemes of arrangement — Company seeking moratorium — Whether application was made in good faith — Whether there is sufficient evidence of creditor support — Section 64 Insolvency, Restructuring and Dissolution Act 2018”, 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 259 consider?

The judgment refers to 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 259 cite?

Among the in-corpus authorities it refers to are [2025] SGHC 251. The complete list of cases cited, and of later cases that cite this decision, is shown on this page.

How influential is [2025] SGHC 259?

Within this corpus, [2025] SGHC 259 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

Energe Asia Pte Ltd, a Singapore bunkering company, applied for a four-month moratorium under s 64 of the IRDA to restructure with a rescue investor. The court dismissed the application, finding the applicant failed to demonstrate a bona fide intention to propose a scheme, lacked sufficient disclosure of its financial position, and did not provide adequate evidence of creditor support for any restructuring proposal.

What was decided in [2025] SGHC 259?

[2025] SGHC 259 (Energe Asia Pte. Ltd.) is a High Court (General Division) decision from 23 December 2025 addressing Companies, specifically schemes of arrangement. The judgment was delivered by Mohamed Faizal.

Which judge decided [2025] SGHC 259?

[2025] SGHC 259 was delivered by Mohamed Faizal in the High Court (General Division) on 23 December 2025. The case concerned Companies.

What cases and statutes does [2025] SGHC 259 cite?

[2025] SGHC 259 cites 3 prior decisions. It references Insolvency, Restructuring and Dissolution Act. The decision has itself been cited by 1 subsequent judgment.