We act for clients who are creditors of H&C S Holdings Pte. Ltd., a company in the iron ore industry. The debtor company applied for relief in the High Court of Singapore under the new enhanced moratorium provisions for restructuring under the Companies Act which were introduced in 2017. The application involved a full-day hearing culminating in the Honourable Justice Vinodh Coomaraswamy granting a moratorium albeit with conditions.
Copyright © 2019 Peter Doraisamy. All rights reserved.