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Ardea Shipping to undergo voluntary winding up operation

01 Mar 2021

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

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