[2015] SGHC 321

“hown that the application amounts to an abuse of 5 process (citing Intrakota Komposit Sdn Bhd & Anor v Sogelease Advance (M) Sdn Bhd [2004] 8 CLJ 276; HC, BHD Re Punj Lloyd Pte Ltd and Another Matter [2015] SGHC 321.) 10 The court may also consider the factors which affect the granting of leave-i) Hopelessly Insolvent”

“in The Royal Bank of Scotland NV (formerly known as ABN Amro Bank NV) and others v TT International Ltd and another appeal [2012] 2 SLR 213 and this court in Re Punj Lloyd Pte Ltd and another matter [2015] SGHC 321.”

“ication, Phillip Asia argues that the Applicant has acted in bad faith by failing to disclose material information concerning the Put Option Holders and TAMI: Re Punj Lloyd Pte Ltd and another matter [2015] SGHC 321 (“Re Punj Lloyd”). The contingent debts owed to the Put Option Holders and TAMI were not included in the”

“disclosure has been made. What constitutes material non-disclosure is to be considered in relation to classification, the likelihood of success of the meeting or possible abuse: Re Punj Lloyd Pte Ltd [2015] SGHC 321 (“Punj Lloyd”). The Noteholders complaints concerning inadequate disclosure are irrelevant to the questi”

“e that its processes are not improperly invoked, an order under s 210(1) would be refused if it is shown that the application amounts to an abuse of process” (Re Punj Lloyd Pte Ltd and another matter [2015] SGHC 321 at [26]).”