Read the full judgment text of HCCW 185/2019 on BabelCite. This High Court CFI judgment was delivered on 22 July 2020.
1. I have before me a petition issued on the 14 June 2019, seeking an order for the compulsory winding-up of the Company on the grounds of insolvency. The Petition was originally listed for hearing on 27 February 2020, but was adjourned because of the general adjournment period (“ GAP ”). The Petitioner, Recovery Vehicle 1 Pte Ltd, asserts in the petition that pursuant to a legal assignment it acquired title to a debt for US$8,853,841.82 originally owed to Affert Resources Pte Ltd (“ Affert ”),
Cites 1 case