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Group Lease Holdings Pte Ltd (in Liquidation) & Anor v Group Lease Public Company Limited
[2024] SGHC 302
Key Principle
Civil Procedure — Injunctions — Interim injunctions — Principles — Distinction between prohibitory and mandatory injunctions; Contract — Illegality and public policy — Whether alleged breach of Mareva injunction capable of rendering contract void and unenforceable; Insolvency Law — Administration of insolvent estates — Statutory injunctions — Section 270 Insolvency, Restructuring and Dissolution Act 2018 (2020 Rev Ed); Civil Procedure — Injunctions — Interim Injunctions — Ancillary disclosure orders — Whether ancillary disclosure orders may be made in respect of prohibitory injunctions; Insolvency Law — Avoidance of transactions — Unfair preferences — Principles — Whether grant of security and assignment of receivables to parent company constituted unfair preferences — Section 225 Insolvency, Restructuring and Dissolution Act 2018 (2020 Rev Ed); Credit and Security — Charges — Non-registration of charges — Charge over shares of subsidiary alleged to be void against liquidator — Whether created security constituted registrable charge — Whether unregistered charge void against provisional liquidator — Whether enforcement of charge rendered charge spent prior to appointment of liquidator — Sections 131(1) and 131(3) Companies Act 1967 (2020 Rev Ed)
Area of Law
Civil Procedure
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