Singapore court decisions

Court decisions on Money and debtShow all court decisions

• Judicial managers who reasonably relied on legal advice were not removed

  [2025] SGCA 41 · Court of Appeal · 2 Sep 2025Tay Lak Khoon v Tan Wei Cheong (as judicial manager of USP Group Ltd) and others · [2025] SGCA 41 · Court of Appeal · 2 Sep 2025 · Summary

  Money and debt

• A statement in a letter of indemnity was found true and not fraudulently made

  [2025] SGCA 33 · Court of Appeal · 7 Jul 2025Banque de Commerce et de Placements SA, DIFC Branch and another v China Aviation Oil (Singapore) Corp Ltd · [2025] SGCA 33 · Court of Appeal · 7 Jul 2025 · Summary

  Money and debt

• A vessel's sale by another court was not a disposal by the judicial managers

  [2025] SGCA 29 · Court of Appeal · 24 Jun 2025Natixis, Singapore Branch v Seshadri Rajagopalan and others and other appeals · [2025] SGCA 29 · Court of Appeal · 24 Jun 2025 · Summary

  Money and debt

• Proofs of debt were expunged as the creditors could not show the debts were genuine

  [2025] SGCA 27 · Court of Appeal · 20 Jun 2025Yit Chee Wah and another v Inner Mongolia Huomei-Hongjun Aluminium Electricity Co, Ltd and another appeal · [2025] SGCA 27 · Court of Appeal · 20 Jun 2025 · Summary

  Money and debt

• An undervalue claim failed; the company had isolated a waiver from the arrangement

  [2025] SGCA 19 · Court of Appeal · 30 Apr 2025Affert Resources Pte Ltd (in court compulsory winding up) v Industries Chimiques du Senegal and another · [2025] SGCA 19 · Court of Appeal · 30 Apr 2025 · Summary

  Money and debt

• No error in allowing arbitration claims against a company in foreign restructuring

  [2025] SGCA 13 · Court of Appeal · 21 Mar 2025Sapura Fabrication Sdn Bhd and others v GAS and another appeal · [2025] SGCA 13 · Court of Appeal · 21 Mar 2025 · Summary

  Relies on International Arbitration Act 1994, s 6

  Money and debt

• No bad faith or non-disclosure was found to engage the public policy exception

  [2025] SGCA 11 · Court of Appeal · 13 Mar 2025Re Fullerton Capital Ltd (in liquidation) · [2025] SGCA 11 · Court of Appeal · 13 Mar 2025 · Summary

  Relies on Evidence Act 1893, s 3

  Money and debt

• A Ponzi scheme is not automatically insolvent; the cash flow test decides, and it was met

  [2025] SGCA 3 · Court of Appeal · 4 Feb 2025CH Biovest Pte Ltd v Envy Asset Management Pte Ltd (in liquidation) and others · [2025] SGCA 3 · Court of Appeal · 4 Feb 2025 · Summary

  Money and debt