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World Fuel Singapore Holding Company I to be wound up voluntarily, creditors to submit claims

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Creditors are required on or before 6 October 2023 to send in their names and addresses and particulars of their debts or claims to appointed liquidators, according to notices.
world fuel singapore voluntary wound up

World Fuel Singapore Holding Company I Pte Ltd will voluntarily wind up following resolutions passed by the shareholders by written means on 31 August, according to a Government Gazette notice published on Thursday (7 September).

The resolutions set out below were duly passed:

SPECIAL RESOLUTION – WINDING-UP

  • That the Company be wound up voluntarily pursuant to Section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018.

ORDINARY RESOLUTION – APPOINTMENT OF LIQUIDATORS

  • That Ms. Ho May Kee and Mr. Paresh Tribhovan Jotangia of Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960 be and are hereby appointed as joint and several liquidators to conduct the said winding-up and that their remuneration be fixed on the usual scale of their professional charges for the work involved.

SPECIAL RESOLUTION – DISTRIBUTION OF ASSETS IN SPECIE

  • That the liquidators of the Company be authorized to exercise any of their powers given by Section 144 (1)(b) to (g) of the Insolvency, Restructuring and Dissolution Act 2018 and to distribute to its members, in specie, any part of the assets of the Company.

ORDINARY RESOLUTION – CHANGE OF REGISTERED OFFICE

  • That the registered office of the Company be changed to situate at the following address with immediate effect:

c/o Grant Thornton Singapore Private Limited 8 Marina View

#40-04/05 Asia Square Tower 1

Singapore 018960

In another notice, the liquidators said creditors for the company are required on or before the 6 October 2023 to send in their names and addresses and particulars of their debts or claims, and the names and addresses of their solicitors (if any) to the liquidators. 

Liquidators may also require creditors to “come in and prove their debts or claims at such time and place as shall be specified in such notice, or in default thereof they will be excluded from the benefit of any distribution made before such debts are proved.”

The liquidator can be contacted at the following address:

Grant Thornton Singapore Private Limited, 8 Marina View,
#40-04/05 Asia Square Tower 1,
Singapore 018960 

 

Photo credit: Drew Beamer
Published: 8 September

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