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17 October 2025

Down for the (Ac)count: Clarification Regarding the Duties of a Privately Appointed Receiver - Victory International Holdings Pte Ltd v Borrelli, Cosimo [2025] 1 SLR 49 [Case Note]

Lim Fang-Zhou, Noah

Published on e-First 17 October 2025

Abstract:
This case note analyses the recent decision of the Appellate Division of the High Court in Victory International Holdings Pte Ltd v Borrelli, Cosimo [2025] 1 SLR 49, where the court clarified the nature and scope of a privately appointed receiver’s duties to the chargor company, specifically in relation to the production of documents in the course of the receivership. No Singapore court had squarely dealt with this issue previously. In this note, the author critically evaluates this decision, arguing that it represents a welcome development in local jurisprudence, and provides some much-needed clarity on this issue.