Blackstone Asia Real Estate Partners Limited (In Liquidation) & 2 Ors v Standard Chartered Bank (Singapore) Limited

[2026] SGCA 12 Court of Appeal 11 March 2026 CA/CA 43/2025 · CA/CA 44/2025 61 min read
23 cases cited (21 SG, 2 foreign) Cited by 3 cases

Outcome

Appeal dismissed

We therefore dismiss the appeals.

Source: [2026] SGCA 12, Court of Appeal, decided 11 March 2026. Read directly from the judgment.

Key facts

Court Court of Appeal
Decided
Judges Ang Cheng Hock, Kannan Ramesh, Sundaresh Menon
Charges / claim Statutory Interpretation, Insolvency Law
Outcome Appeal dismissed
Counsel Cairnhill Law LLC, Drew & Napier LLC, IRB Law LLP, NLC Law Asia LLC, Oon & Bazul LLP, Sreenivasan Chambers LLC, Adorabelle Tan, Ammani Mathivanan, Cavinder Bull, Chia Voon Jiet, Derek Kang Yu Hsien, Ee Yong Chun Bernard, Han Guangyuan Keith, Jerald Tan, Kong Man Er, Lye Yu Min, Ng Lip Chih, Nicholas Tham Yong Liang, Quek Liuyong Uthai, Rajaram Muralli Raja, Rezvana Fairouse d/o Mazhardeen, Sim Bing Wen, Tan Jinwen, Mark, Tan Lin Yin Vickie, Tang Xi-Rui, Charlotte, Tay Hong Zhi Gerald, Valerie Wong Le Yee

Source: [2026] SGCA 12, Court of Appeal, decided — eLitigation. Updated .

Catchwords

Practice Areas

Judges (3)

Counsel (27)

Parties (11)

[2026] SGCA 12 explained

Blackstone Asia Real Estate Partners Limited (In Liquidation) & 2 Ors v Standard Chartered Bank (Singapore) Limited ([2026] SGCA 12) is a Singapore judgment decided by the Court of Appeal on 11 March 2026. It is categorised under Statutory Interpretation and Insolvency Law. Within this corpus it has since been cited by 3 other reported Singapore judgments, 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 [2026] SGCA 12 about?

Blackstone Asia Real Estate Partners Limited (In Liquidation) & 2 Ors v Standard Chartered Bank (Singapore) Limited ([2026] SGCA 12) is a Court of Appeal decision from 2026. Its published catchwords are “Statutory Interpretation — Construction of statute — Purposive approach — Relationship between general and specific purposes of statute”, “Statutory Interpretation — Construction of statute — Presumption against retrospective operation — Provision expressly restricting temporal application of legislation”, and “Insolvency Law — Cross-border insolvency — Standing of foreign representative to bring statutory claims based on transactions entered into before coming into force of UNCITRAL Model Law on Cross-Border Insolvency in Singapore — Art 23(9) UNCITRAL Model Law on Cross-Border Insolvency”, which indicate the subject matter the judgment addresses. The full reasoning and orders are in the judgment itself, linked below.

Which legislation does [2026] SGCA 12 consider?

The judgment refers to Companies Act (Cap 50), Companies Act as a company incorporated under the Companies Act (Cap 50), Companies Act provided that Part X of the Companies Act (Cap 50), and Current Companies Act (Cap 50), among other provisions. The statutes cited are listed in full on this page, each linking to its primary text.

What earlier Singapore cases does [2026] SGCA 12 cite?

Among the in-corpus authorities it refers to are [2025] SGHC 191. The complete list of cases cited, and of later cases that cite this decision, is shown on this page.

How influential is [2026] SGCA 12?

Within this corpus, [2026] SGCA 12 has been cited by 3 later reported Singapore judgments. 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.

Statutes Cited

Cases Cited (23)

SG (2)
[2021] SGHC 81 [2025] SGHC 191
SLR (19)
[1999] 1 SLR(R) 219 [1999] 3 SLR(R) 432 [2009] 4 SLR(R) 155 [2010] 2 SLR 617 [2015] 2 SLR 420 [2016] 3 SLR 621 [2016] 5 SLR 815 [2017] 1 SLR 373 [2017] 2 SLR 850 [2018] 1 SLR 659 [2018] 2 SLR 1271 [2019] 1 SLR 1081 [2021] 2 SLR 1054 [2022] 2 SLR 1091 [2023] 2 SLR 421 [2023] 2 SLR 614 [2024] 2 SLR 790 [2025] 1 SLR 1020 [2025] 1 SLR 141
UK (1)
[1995] 1 WLR 1176
AU (1)
[2005] VSCA 295

Cited By (3)

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 ([2026] SGCA 12)