DBS BANK LTD v LI YUAN
Key facts
| Court | High Court Registrar |
|---|---|
| Decided | |
| Judge | Perry Peh |
| Charges / claim | Insolvency Law |
| Counsel | Damodara Ong LLC, Rajah & Tann Singapore LLP, Cherie Tan, Foung Han Peow, John Loh, Tan Li-Chern Terence |
Source: [2025] SGHCR 11, High Court Registrar, decided — eLitigation. Updated .
Catchwords
Practice Areas
Judges (1)
Counsel (6)
Parties (2)
Case Significance
[2025] SGHCR 11 is a High Court Registrar decision dated 30 April 2025 concerning Insolvency Law, specifically addressing bankruptcy. The judgment was delivered by Perry Peh. The case was brought by DBS Bank Ltd (plaintiff) against Li Yuan (defendant). Legal representation was provided by Rajah & Tann Singapore LLP and Damodara Ong LLC. The judgment cites 20 cases (16 Singapore, 4 foreign) and references 8 statutory provisions, including the Arbitration Act, the Bankruptcy Act, and the Canada Bankruptcy and Insolvency Act.
[2025] SGHCR 11 explained
DBS BANK LTD v LI YUAN ([2025] SGHCR 11) is a Singapore judgment decided by the High Court Registrar on 30 April 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] SGHCR 11 about?
DBS BANK LTD v LI YUAN ([2025] SGHCR 11) is a High Court Registrar decision from 2025. Its published catchwords are “Insolvency Law — Bankruptcy — Adjournment” and “Insolvency Law — Bankruptcy — Stay of proceedings”, which indicate the subject matter the judgment addresses. The full reasoning and orders are in the judgment itself, linked below.
Which legislation does [2025] SGHCR 11 consider?
The judgment refers to Arbitration Act (Cap 10), Bankruptcy Act (Cap 20), Canada Bankruptcy and Insolvency Act, and Insolvency, Restructuring and Dissolution Act, among other provisions. The statutes cited are listed in full on this page, each linking to its primary text.
What earlier Singapore cases does [2025] SGHCR 11 cite?
Among the in-corpus authorities it refers to are [2025] SGHC 39 and [2024] SGHC 328. The complete list of cases cited, and of later cases that cite this decision, is shown on this page.
Summary
A debtor applied to stay bankruptcy proceedings brought by DBS Bank, arguing she expected to receive funds by a certain date to repay the approximately US$500,000 debt in full. The court dismissed the stay application, holding that a debtor's request for more time to repay does not constitute 'sufficient reason' under s 315(1) of the IRDA, but separately adjourned the bankruptcy application to allow time for repayment, which was ultimately made in full.
What was decided in [2025] SGHCR 11?
[2025] SGHCR 11 (DBS BANK LTD v LI YUAN) is a High Court Registrar decision from 30 April 2025 addressing Insolvency Law, specifically bankruptcy. The judgment was delivered by Perry Peh.
Who were the parties in DBS BANK LTD v LI YUAN ([2025] SGHCR 11)?
The plaintiff in [2025] SGHCR 11 was DBS Bank Ltd, and the defendant was Li Yuan. Legal representation included Damodara Ong LLC and Rajah & Tann Singapore LLP. The case was decided on 30 April 2025 in the High Court Registrar.
Which judge decided [2025] SGHCR 11?
[2025] SGHCR 11 was delivered by Perry Peh in the High Court Registrar on 30 April 2025. The case concerned Insolvency Law.
What cases and statutes does [2025] SGHCR 11 cite?
[2025] SGHCR 11 cites 20 prior decisions, including 4 from foreign jurisdictions. It references Arbitration Act, Bankruptcy Act, Canada Bankruptcy and Insolvency Act.
Statutes Cited
Cases Cited (20)
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 ([2025] SGHCR 11)