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Velstra Pte Ltd (in compulsory winding up) v Azero Investments SA [2004] SGHC 251
Court DecisionSGHC
[2004] SGHC 251
[2004] SGHC 251
General Division of the High Court of Singapore9 Nov 2004Suit 445/2003
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Cited in 3 later decisions. No negative treatment detected.
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“two tests are to be read disjunctively, so that a company is deemed to be insolvent as long as one of the two tests is satisfied (see Velstra Pte Ltd (in compulsory winding up) v Azero Investments SA [2004] SGHC 251 at [89]).”
“clear. It introduces two specific tests of insolvency and upon either of the tests being satisfied, the company is deemed insolvent: Velstra Pte Ltd (in compulsory winding up) v Azero Investments SA [2004] SGHC 251 at [89]; Living the Link at [26].”
“d (in creditors’ voluntary liquidation) and others v Tan Lay Tin Tina and others [2016] 3 SLR 621 (“Living the Link”) at [26], citing Velstra Pte Ltd (in compulsory winding up) v Azero Investments SA [2004] SGHC 251 at [89]). Parakou was clearly insolvent at the relevant time.”
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Case Metadata
Case No: Suit 445/2003
Case Metadata
Court: General Division of the High Court of Singapore
Case Metadata
Decision Date: 2004-11-09
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