Kyen Resources Pte Ltd (in Compulsory Liquidation) & 2 Ors v Feima International (hongkong) Limited (in Liquidation)

Insolvency Law — Winding up — Proof of debt — Liquidators seeking to set-off crossclaims as a basis for rejecting proof of debt — Whether liquidators generally entitled to set-off all crossclaims in the proof of debt process; Res Judicata — Applicable principles — Creditor seeking a stay of the appeal in Singapore — Whether res judicata arose in the decision of a liquidator of a foreign company which was pending an appeal in another jurisdiction