IN THE MATTER of a Statutory demand dated 9 December 2024 v IN THE MATTER of Rule 47 of the Bankruptcy Rules, Cap 6A

Read the full judgment text of HCSD 59/2024 on BabelCite. This HCSD judgment was delivered on 5 January 2026.

1. Mr Wu served two statutory demands both dated 9 December 2024 on Mr Kho. One is for the amount of USD2,400,000 (“ the SD ”) and the other one is for the amount of USD 279,616.43 (“ the Other SD ”). Mr Kho filed an Application to Set Aside a Statutory Demand dated 23 December 2024 to set the SD aside (“ the Application ”).

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