Re: ALSEN CHANCE HOLDINGS LIMITED (IN LIQUIDATION)

[2026] SGHC 61 High Court (General Division) 19 March 2026 • HC/CWU 456/2025|HC/CWU 457/2025|HC/CWU 453/2025|HC/CWU 454/2025 • 34 min read

14 cases cited (11 SG, 3 foreign)

Catchwords

Insolvency Law — Winding up — Standing — Contingent creditor Insolvency Law — Cross-border insolvency — Winding up of foreign companies — Standing to participate

Practice Areas

Judges (1)

Aidan Xu Delivered

Counsel (19)

Drew & Napier LLC Firm Foo & Quek LLC Firm NLC Law Asia LLC Firm Oon & Bazul LLP Firm Ammani Mathivanan Counsel Applicant Cavinder Bull Counsel Third Party Chia Voon Jiet Counsel Third Party Han Guangyuan Keith Counsel Applicant Jerald Tan Counsel Third Party Kong Man Er Counsel Third Party Lye Yu Min Counsel Applicant Ng Lip Chih Counsel Third Party Nicholas Tham Yong Liang Counsel Third Party Rezvana Fairouse d/o Mazhardeen Counsel Third Party Sim Bing Wen Counsel Third Party Tan Jinwen, Mark Counsel Third Party Tang Xi-Rui, Charlotte Counsel Third Party Tay Hong Zhi Gerald Counsel Third Party Valerie Wong Le Yee Counsel Third Party

Parties (7)

Alsen Chance Holdings Limited (in liquidation) Applicant BSI Bank Limited (In Liquidation) Third Party Blackstone Asia Real Estate Partners Limited (In Liquidation) Applicant Brazen Sky Limited (In Liquidation) Applicant Brightstone Jewellery Limited (in liquidation) Applicant Standard Chartered Bank (Singapore) Limited Third Party Hans Peter Brunner Third Party

Statutes Cited

Companies Act (Cap 50)

s 195 s 216A s 328(1)(a)

Insolvency, Restructuring and Dissolution Act

Restructuring and Dissolution Act

Cases Cited (14)

SG (3)

[2021] SGHC 133 [2025] SGHC 191 [2026] SGCA 12

SLR (8)

[1991] 2 SLR(R) 567 [2020] 5 SLR 1002 [2021] 4 SLR 556 [2021] 4 SLR 809 [2022] 1 SLR 643 [2023] 2 SLR 554 [2024] 1 SLR 361 [2024] 6 SLR 601

UK (3)

[2000] Ch 76 [2013] 3 WLR 504 [2014] 1 WLR 4482

Judgment

Read the full judgment on the official Singapore Courts portal.

Read on eLitigation

Source: eLitigation ([2026] SGHC 61)