Two notices were published in the Government Gazette on Friday (26 February) regarding some resolutions passed for Ardea Shipping Pte Ltd to be wound up voluntarily.
According to the first notice, an Extraordinary General Meeting was held on Friday, 19 February , and the following resolutions were passed:
That the Company be wound up voluntarily pursuant to the Insolvency, Restructuring And Dissolution Act 2018.
That the Liquidators be authorised to exercise any of the powers provided by the Insolvency, Restructuring And Dissolution Act 2018 (Act 40 of 2018).
In accordance with the provisions of the company’s constitution, the Liquidators are hereby authorised to distribute in specie all or any part of the assets of the company remaining after satisfaction of all debts and liabilities.
Ho Lon Gee and Tay Tuan Leng are to be appointed jointly as Liquidators of the company for the winding up process.
The remuneration of the Liquidators be based on their normal scale rates for carrying out the assignment plus disbursements and that the Liquidators’ fees be paid out of the company’s assets.
In the second notice, the appointed Liquidators called for creditors of Ardea Shipping to submit their names and addresses and full particulars of their debts or claims and the names and addresses of their solicitors (if any) by Tuesday, 30 March.
If required by notice in writing from the Liquidators, creditors are, by their solicitors or personally, to come in and prove their said debts or claims or risk being excluded from the benefit of any distribution made before such debts are proved.
The contact details of the appointed Liquidators are:
Ho Lon Gee
Tay Tuan Leng
c/o 80 Robinson Road
#02-00 Singapore 068898
Photo credit: Drew-Beamer
Published: 1 March, 2021
The bank is filing an application for pre-action discovery at the High Court of the Republic of Singapore in order to ascertain its future direction of proceedings against Sinfeng, according to court documents.
‘We need to keep in mind the saying “penny wise pound foolish”,’ says Captain Rahul Choudhuri, the Managing Director AMEA at VPS, who stresses on the essential role of the Bunker Surveyor.
Legal representatives met at the High Court on Tuesday to discuss the discharge of KPMG liquidators from all liability in respect of conduct in the course of winding up, show court documents.
Global sentence adjusts to 80 month’s imprisonment term for both Chang and Koh under application of the Masui sentencing framework; fine of SGD 6.2 million against Chang remains unchanged.
Company has been ranked EIGHTH for 2020; ‘we are humbled and proud to be placed amongst the top ten winners of the Enterprise 50 Awards,’ says Satnam Singh, COO, Sing Fuels.
Mads Bjornebye, Manager of Bunker Services at Teekay Tankers Ltd, shares about the company’s perspective of e-BDNs, bunker purchasing & planning tools, while offering his thoughts on future marine fuels.