Read the full judgment text of HCB 6051/2018 on BabelCite. This HCB judgment was delivered on 11 April 2019.
1. There is before this court an amended bankruptcy petition (“ Petition ”) presented by Petrolimex Singapore Pte Ltd ( “Petitioner ”) against Mr Sit Kwong Lam ( “Debtor ”). The Petition is based on the non‑compliance with a statutory demand dated 30 August 2018 (“ statutory demand ”) for the sum of over US$30 million (“ Debt ”). There was no application by the Debtor to set aside the statutory demand. There is no issue raised as to service.
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