Singapore: Centrum Maritime Pte Ltd to be wound up voluntarily

Several notices were published to inform the passing of several resolutions for Centrum Maritime Pte Ltd on 26 December, according to a notice released on Friday (29 December) posted on the Government Gazette.

The resolutions set out below were duly passed:

Special Resolutions:

1. Pursuant to Section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018 (Act 40 of 2018) (the Act), the Company be wound up voluntarily.

2. Pursuant to Sections 177(1)(a) and 177(1)(b) of the Act, the liquidator of the Company be and is hereby authorised to exercise any or all of the powers given to a liquidator by Sections 144(1)(b), 144(1)(c), 144(1)(d), 144(1)(e), 144(1)(f), 144(1)(g) and 144(2) of the Act.

3. The liquidator be authorised to distribute among the members of the Company either in cash or in specie the whole or any part of the assets of the Company in accordance with their existing rights and interests.

Ordinary Resolutions:

1. Mr Farooq Ahmad Mann of M/s Mann & Associates PAC be appointed liquidator of the Company for the purpose of such winding up.

2. the remuneration of the liquidator be based on the usual scale of his professional charges for the work involved

In another notice, the liquidator said creditors are required on or before 29 January 2024 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 liquidator.

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 for the liquidation can be contacted at the following address:

Farooq Ahmad Mann,
Liquidator,
3 Shenton Way, #03-06C Shenton House, 
Singapore 068805.

Photo credit: steve pb from Pixabay
Published: 2 January, 2024