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2 December 2022

Shareholders' Petitions in Singapore to Wind Up a Foreign Company on the Just and Equitable Ground: Lessons from Hong Kong

Tan Jui Yang Benedict

Published on e-First 2 December 2022

Abstract:
Under s 246(1) of the Insolvency, Restructuring and Dissolution Act 2018 (2020 Rev Ed), shareholders may petition in Singapore to wind up a foreign company on the ground that it is just and equitable to do so. Against the backdrop of a dearth of Singapore and English case authorities, this article considers the Hong Kong cases in this area and the principles that may be derived therefrom should a similar petition be brought before the Singapore courts.