Republic of Singapore Government Gazette · 03 Sep 2026 · 1 vistas
Banks seek court winding up of three Singapore firms
Por FactBox Admin
DBS Bank Ltd and Maybank Singapore Limited have filed winding-up applications in the General Division of the High Court of the Republic of Singapore against three companies, with all three petitions directed to be heard at 10.00 a.m. on 18 September 2026. The notices were first published in the Republic of Singapore Government Gazette on 3 September 2026 at 5 pm, under the Insolvency, Restructuring and Dissolution Act 2018 (Act 40 of 2018).
The applications follow the statutory route for a creditor seeking to place an insolvent company into liquidation. Under the Act, any creditor or contributory wishing to support or oppose the making of a winding-up order may appear at the hearing in person or by counsel, and a copy of each application is available from the claimant’s solicitors on payment of the regulated charge.
The three winding-up applications
DBS Bank Ltd filed its application on 26 August 2026 against Mani Iyer Mess & Catering Pte. Ltd. (UEN 201202083W) under case HC/CWU 242/2026. The bank, of 12 Marina Boulevard, Marina Bay Financial Centre Tower 3, is represented by Shook Lin & Bok LLP.
Maybank Singapore Limited filed two applications on 27 August 2026:
- HC/CWU 244/2026 against Seaways Shipserv (S) Pte. Ltd. (UEN 201800485G), represented by Shook Lin & Bok LLP;
- HC/CWU 246/2026 against JZS Pte. Ltd. (UEN 201210317C), brought under section 125(1)(e) and (2)(a) of the Act and represented by Adsan Law LLC.
All three hearings are listed before the Judge sitting in the General Division at 10.00 a.m. on 18 September 2026. Any person intending to appear must serve written notice of intention on the claimant’s solicitors no later than 14 September 2026, at least three clear working days before the hearing.
One Plantation Holdings wound up by court order
Separately, One Plantation Holdings Pte. Ltd. (UEN 201109913K) has been wound up by an Order of Court dated 28 August 2026, under Companies Winding Up No. CWU 167/2026. Creditors of the company are required on or before 28 September 2026 to send in their names, addresses and full particulars of their debts or claims to the liquidators.
The joint and several liquidators are Don M Ho and David Ho Chjuen Meng, c/o DHA + PAC (UEN 201318941R), Public Accountants & Chartered Accountants Singapore, Corporate Advisory & Recoveries, at 9 Raffles Place, #08-04 Republic Plaza, Singapore 048619. Creditors who fail to prove their debts in time will be excluded from the benefit of any distribution made before their claims are proved, and the liquidators have invited any information that may assist in the investigation of the company’s affairs and the recovery of its assets.
What it means for creditors
The cluster of petitions signals a tightening of credit enforcement against Singapore-incorporated companies across the catering, ship services and holding sectors. For creditors of the three companies facing winding-up applications, the 18 September hearing is the deadline to register support or opposition, while creditors of One Plantation Holdings must lodge their claims by 28 September to share in any distribution. The published notices give affected parties a clear statutory window to protect their interests before the court acts.
Source: Republic of Singapore Government Gazette, published 3 September 2026 (issue dated 4 September 2026), Advertisements section (official references: HC/CWU 242/2026, HC/CWU 244/2026, HC/CWU 246/2026, CWU 167/2026).