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UCO Bank v Golden View Maritime Pte Ltd [2003] SGHC 271
Court DecisionSGHC
[2003] SGHC 271
[2003] SGHC 271
General Division of the High Court of Singapore31 Oct 2003Suit 184/2002/Z, SIC 5263/2003
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Cited in 2 later decisions. No negative treatment detected.
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“In UCO Bank v Golden View Maritime Pte Ltd [2003] SGHC 271 (“UCO Bank”), a company had disposed of its only vessel, a “25-year old vessel” which “was at the end of her trading life” and “given her condition it was neither economical nor commercially viable t”
“Milaha submitted that the fact it is a special purpose vehicle and a one-ship company in itself is no evidence of risk of dissipation (citing UCO Bank v Golden View Maritime Pte Ltd [2003] SGHC 271 and Quek Jin Oon v Goh Chin Soon [2020] SGHC 246). Milaha added that Pengrui knew that Milaha’s ultimate owner is Qatari N”
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Case Metadata
Case No: Suit 184/2002/Z, SIC 5263/2003
Case Metadata
Court: General Division of the High Court of Singapore
Case Metadata
Decision Date: 2003-10-31
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