MIZUHO BANK, LTD. v RADIANT WORLD CORPORATION PTE. LTD.

[2026] SGHC 200 High Court (General Division) 25 September 2026 HC/OA 946/2026 ( HC/SUM 2669/2026 ) 43 min read
8 cases cited

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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)

Ascendant Legal LLC Firm
Beacon Law Corporation Firm
Blackstone & Gold LLC Firm Cavenagh Law LLP Firm Delta Law Corporation Firm Kenneth Tan Partnership Firm Prolegis LLC Firm Resource Law LLC Firm Shook Lin & Bok LLP Firm WongPartnership LLP Firm
Adam Tan Counsel for the third party
Brenda Low Counsel for the respondent
Chew Kei-Jin Counsel for the third party
Derrick Teo Counsel for the respondent
Felicia Soong Counsel for the third party
Gan Ee Kiat Counsel for the third party
Gwendolyn Oh Counsel for the third party
Jamal Siddique Counsel for the applicant
Janice Goh Counsel for the third party
Jeremy Chu Counsel for the applicant Kenneth Tan Counsel for the respondent Ker Yanguang Counsel for the third party Kwong Kai Sheng Counsel for the third party Lee Chong Jie Counsel for the third party
Neo Xin Xuan Counsel for the respondent
Paul Sandosham Counsel for the third party
Ramandeep Kaur Counsel for the third party Ramrueben s/o John Lachmana Counsel for the applicant
Sean Lee Counsel for the respondent
Tyne Lam Counsel for the third party
Wong Wan Yee Counsel for the third party

Parties (4)

Deutsche Bank AG Singapore Branch Third Party
Intesa Sanpaolo SpA Third Party
Mizuho Bank, Ltd Applicant
Radiant World Corporation Pte Ltd Respondent

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

Insolvency, Restructuring and Dissolution Act
Restructuring and Dissolution Act

Cases Cited (8)

SLR (8)
[2003] 2 SLR(R) 320 [2008] 2 SLR(R) 491 [2020] 5 SLR 1435 [2021] 2 SLR 478 [2022] 2 SLR 253 [2024] 2 SLR 498 [2024] 3 SLR 1228 [2024] 5 SLR 399

Related cases

Other Singapore judgments involving the same parties or counsel.

Judgment

Read the full judgment on the official Singapore Courts portal.

Read on eLitigation

Source: eLitigation ([2026] SGHC 200)