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Singapore: Liquidator set meetings of creditors, contributories for Delta Corp Shipping

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After the High Court issued a winding up order to the company in September, the liquidator has scheduled meetings for creditors and contributories on 14 October at 5pm and 4pm respectively.
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A meeting for creditors of Delta Corp Shipping Pte Ltd, which is undergoing compulsory liquidation, has been scheduled to take place on 14 October, according to a Government Gazette notice on Friday (3 October). 

The meetings will be held by electronic means by way of video conferencing via Zoom at 5pm (Singapore time). 

In another notice, the liquidator of the company, Farooq Ahmad Mann, said a meeting of the contributories will also be held via Zoom on 14 October at 4pm (Singapore time).

The agenda of the meetings will be as follow:

  • To lay before the creditors a full statement of the affairs of the Company, showing the assets and liabilities of the Company;
  • To discuss the Company’s ongoing arbitrations including the urgent need for funding with respect to the same;
  • To consider and if thought fit, to appoint a Committee of Inspection;
  • To consider any other matters which may properly be brought before the meeting that is relevant to the liquidation of the Company.

Delta Corp Shipping Pte Ltd is reportedly the Singapore arm of bulker operator and logistics group Delta Corp Holdings. 

Manifold Times previously reported the High Court of Singapore issuing a winding up order to Delta Corp Shipping after months of being hit with several winding up applications. 

The applications were filed by companies  including Japan’s NYK Bulk & Projects Carriers Ltd, Arte Bunkering Pte Ltd and Raiser International Shipping Co Limited. 

Arte Bunkering Pte Ltd is the Singapore branch of Tallinn-based bunker and marine lube trading company Arte Bunkering OÜ, which was set up in 2020. 

Notes:

  • Creditors may attend the above meeting by way of video conference via Zoom by submitting a General or Special Proxy form and including the details of one attendee by way of email to: [email protected] / [email protected] / [email protected] / [email protected] not later than 5:00pm (Singapore time) on Monday, 13 October 2025. Further video conferencing details will be circulated to you shortly after receipt of the above details and confirmation, provided that the details and confirmation are provided in a form that is satisfactory.
  • To entitle creditors to attend, nominate and vote thereat, creditors of the abovenamed Company are required to lodge their Proof of Debt (Form CWU-1), if not done so previously, at the office of M/s Mann & Associates PAC of 3 Shenton Way, #03-06C Shenton House Singapore 068805 or via email to: [email protected] / [email protected] / [email protected] / [email protected] not later 5:00pm (Singapore time) on Friday, 10 October 2025.
  • Contributories may attend the above meeting by way of video conference via Zoom by submitting a General or Special Proxy form and including the details of one attendee by way of email to the email addresses mentioned above not later than 4:00pm (Singapore time) on Monday, 13 October 2025. Further video conferencing details will be circulated to you shortly after receipt of the above details and confirmation, provided that the details and confirmation are provided in a form that is satisfactory.

Related: Delta Corp Shipping slapped with winding up order by High Court of Singapore
Related: Singapore: Winding-up applications against Delta Corp Shipping pile up
Related: Singapore: Delta Corp Shipping gets hit with another winding up application
Related: Singapore: Arte Bunkering Pte Ltd files for winding up application of Delta Corp Shipping
Related: Singapore: High Court to hear Delta Corp Shipping winding up application on 11 April

 

Photo credit: steve pb from Pixabay
Published: 6 October, 2025

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