MIZUHO BANK, LTD. v RADIANT WORLD CORPORATION PTE. LTD.
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Key facts
| Court | High Court (General Division) |
|---|---|
| Decided | |
| Judge | Kristy Tan |
| Charges / claim | Companies |
| Counsel | Ascendant Legal LLC, Beacon Law Corporation, Blackstone & Gold LLC, Cavenagh Law LLP, Delta Law Corporation, Kenneth Tan Partnership, Prolegis LLC, Resource Law LLC, Shook Lin & Bok LLP, WongPartnership LLP, Adam Tan, Brenda Low, Chew Kei-Jin, Derrick Teo, Felicia Soong, Gan Ee Kiat, Gwendolyn Oh, Jamal Siddique, Janice Goh, Jeremy Chu, Kenneth Tan, Ker Yanguang, Kwong Kai Sheng, Lee Chong Jie, Neo Xin Xuan, Paul Sandosham, Ramandeep Kaur, Ramrueben s/o John Lachmana, Sean Lee, Tyne Lam, Wong Wan Yee |
Source: [2026] SGHC 200, High Court (General Division), decided — eLitigation. Updated .
Catchwords
Practice Areas
Judges (1)
Counsel (31)
Parties (4)
Case Significance
Mizuho Bank, Ltd v Radiant World Corporation Pte Ltd [2026] SGHC 200 was decided in the General Division of the High Court by Kristy Tan J on 25 September 2026. In HC/OA 946/2026 Mizuho applied for Radiant World Corporation Pte Ltd, a Singapore metals and minerals trader, to be placed under judicial management, and in HC/SUM 2669/2026 for interim judicial managers pending that hearing. Three statutory demands, from Mizuho for US$97,281,235.05, from Deutsche Bank AG, Singapore Branch for US$102,592,409.03 and from Intesa Sanpaolo SpA for US$126,150,717.52 plus interest, had not been satisfied within three weeks. The issues were a prima facie case of inability to pay debts, the purposes of judicial management, the need to protect assets, and who to appoint. The court appointed four nominees of KPMG Services Pte Ltd as joint and several interim judicial managers.
[2026] SGHC 200 explained
MIZUHO BANK, LTD. v RADIANT WORLD CORPORATION PTE. LTD. ([2026] SGHC 200) is a Singapore judgment decided by the High Court (General Division) on 25 September 2026. It is categorised under Companies. 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 [2026] SGHC 200 about?
MIZUHO BANK, LTD. v RADIANT WORLD CORPORATION PTE. LTD. ([2026] SGHC 200) is a High Court (General Division) decision from 2026. Its published catchwords are “Companies — Receiver and manager — Judicial management order — Appointment of interim judicial manager”, which indicate the subject matter the judgment addresses. The full reasoning and orders are in the judgment itself, linked below.
Which legislation does [2026] SGHC 200 consider?
The judgment refers to Companies Act (Cap 50), 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.
Summary
The General Division of the High Court heard Mizuho Bank, Ltd's application to appoint interim judicial managers over Radiant World Corporation Pte Ltd pending its judicial management application. Three statutory demands, including Mizuho's for US$97,281,235.05, had gone unsatisfied. Kristy Tan J found a prima facie case of inability to pay debts and that protection of the company's assets warranted interim relief. She declined to appoint Mizuho's first nominees from Deloitte over perceived independence concerns and appointed nominees from KPMG Services Pte Ltd.
What was Mizuho Bank v Radiant World Corporation [2026] SGHC 200 about?
Mizuho Bank, Ltd applied for Radiant World Corporation Pte Ltd to be placed under judicial management and for interim judicial managers to be appointed, relying on unsatisfied statutory demands, including its own for US$97,281,235.05.
Who were appointed interim judicial managers in [2026] SGHC 200?
Kristy Tan J appointed four nominees of KPMG Services Pte Ltd as joint and several interim judicial managers, declining Mizuho's Deloitte nominees over perceived independence concerns.
Statutes Cited
Cases Cited (8)
Related cases
Other Singapore judgments involving the same parties or counsel.
Judgment
Read the full judgment on the official Singapore Courts portal.
Read on eLitigationSource: eLitigation ([2026] SGHC 200)