Lawyers representing Ocean Tankers (Pte.) Ltd (OTPL) Damodara Ong LLC on Tuesday (28 July) published a public notice for OTPL’s application to be placed under judicial management on 6 May 2020.
The hearing for the application was initially scheduled for Monday (27 August) but was adjourned as Damodara Ong had neglected to publish the notice.
The notice states that the hearing for the application is scheduled to be held at 2.30 pm on Friday (7 August) at the Singapore High Court. The notice on the Government Gazette is as follows:
Ee Meng Yen Angela and Purandar Janampalli Rao of Ernst & Young LLP have been nominated as the joint and several judicial managers; and any person who intends to oppose the making of an order under section 227B(5)(b) or the nomination of a judicial manager under section 227B(3)(c) may appear at the time of hearing by himself or his counsel for that purpose; and a copy of the application and its supporting affidavit will be furnished to any creditor or member of the company requiring them by the undersigned on payment of the regulated charge.
Any person who intends to appear at the hearing of the application must serve on or send by post to the Applicant’s solicitors, Damodara Ong LLC, of #13-04 Peninsula Plaza, 111 North Bridge Road, Singapore 179098 notice in writing of his intention so to do, explained the notice.
The notice must state the name and address of the person, or if a firm, the name and address of the firm, and must be signed by the person or firm, or his or their solicitor (if any) and must be served,to reach Damodara Ong LLC not later than 12 o’clock noon of Thursday (6 August).
Photo credit: Manifold Times
Published: 29 July, 2020
The Covid-19 pandemic in India, where the group’s assets of between USD 45 to 60 million, accounting, and reporting capabilities are located have affected expected pace of restructuring ops, explains legal team.
Significant uptick in the number of quality claims being alleged by ship owners has also been seen since the implementation of contactless bunkering operations, notes Partner at Rajah & Tann.
‘The launch of our company website signifies the readiness of Singfar to engage with relevant stakeholders to achieve our mission of enabling sustainable trade,’ Managing Director tells Manifold Times.
Associate Director at Helmsman highlights the need to stay up-to-date with latest protocols / measures introduced by MPA, with continuous education of Master and crew of the visiting vessel.
BunkerPlanner Lite is an attempt to educate professionals engaged in bunker decisions about the use of advanced technology in the decision process, explains BunkerMetric CEO Christian Plum.
Senior Associate at Clyde & Co offers guidance to protect shipowners and bunker tanker operators in the event opposing counterparty breaches Covid-19 protocols, resulting in Covid-19 transmission.