FAROOQ AHMAD MANN (IN HIS CAPACITY AS THE JUDICIAL MANAGER) v GOLDEN MOUNTAIN TEXTILE AND TRADING PTE LTD (IN JUDICIAL MANAGEMENT)
Key facts
| Court | High Court (General Division) |
|---|---|
| Decided | |
| Judge | Goh Yihan |
| Charges / claim | Insolvency Law, Companies |
| Counsel | Providence Law Asia LLC, Alston Yeong, Huang Xinli Daniel, Lau Hui Ming Kenny |
Source: [2024] SGHC 48, High Court (General Division), decided — eLitigation. Updated .
Catchwords
Practice Areas
Judges (1)
Counsel (4)
Case Significance
Farooq Ahmad Mann (in his capacity as judicial manager) v Golden Mountain Textile and Trading Pte Ltd (in judicial management) [2024] SGHC 48 was decided in the General Division of the High Court on 23 February 2024, with grounds of decision delivered by Goh Yihan J after a hearing on 12 January 2024. In Originating Application No 448 of 2023 (Summons No 3815 of 2023), the applicant, Mr Farooq Ahmad Mann, the judicial manager of the respondent Golden Mountain Textile and Trading Pte Ltd, applied for, among other things, the respondent's judicial management period to be extended for 180 days with effect from 30 January 2024, his own appointment as judicial manager to be extended for the same period, and the timeline for putting forward his statement of proposals to be extended. The application was made under Part 7 of the Insolvency, Restructuring and Dissolution Act 2018, including section 107(3)(a). The catchwords indicate the case concerned the extension of time in judicial management, whether a judicial management order should be extended, and whether the time to put forward a statement of proposals should be extended. The applicant was represented by counsel from Providence Law Asia LLC, including Alston Yeong, Huang Xinli Daniel and Lau Hui Ming Kenny.
[2024] SGHC 48 explained
FAROOQ AHMAD MANN (IN HIS CAPACITY AS THE JUDICIAL MANAGER) v GOLDEN MOUNTAIN TEXTILE AND TRADING PTE LTD (IN JUDICIAL MANAGEMENT) ([2024] SGHC 48) is a Singapore judgment decided by the High Court (General Division) on 23 February 2024. It is categorised under Insolvency Law and Companies. Within this corpus it has since been cited by 1 other reported Singapore judgment, a measure of how often later decisions have referred to it. This page summarises what the reported decision covers and links the primary sources — the full judgment, the statutes it cites, and the other cases it engages with — so the decision can be read in context. It is reference information, not legal advice, and it does not state the outcome or any holding beyond what the official judgment records.
What is [2024] SGHC 48 about?
FAROOQ AHMAD MANN (IN HIS CAPACITY AS THE JUDICIAL MANAGER) v GOLDEN MOUNTAIN TEXTILE AND TRADING PTE LTD (IN JUDICIAL MANAGEMENT) ([2024] SGHC 48) is a High Court (General Division) decision from 2024. Its published catchwords are “Insolvency Law — Judicial management — Extension of time”, “Insolvency Law — Judicial management — Whether judicial management order should be extended”, “Insolvency Law — Judicial management — Whether time to put forward statement of proposals should be extended”, and “Companies — Receiver and manager — Judicial management order — Whether judicial management order should be extended”, which indicate the subject matter the judgment addresses. The full reasoning and orders are in the judgment itself, linked below.
Which legislation does [2024] SGHC 48 consider?
The judgment refers to Companies Act (Cap 50), Insolvency, Restructuring and Dissolution Act, and Restructuring and Dissolution Act. The statutes cited are listed in full on this page, each linking to its primary text.
How influential is [2024] SGHC 48?
Within this corpus, [2024] SGHC 48 has been cited by 1 later reported Singapore judgment. That count reflects references from other decisions held in this corpus only and is a conservative lower bound on how often the case has actually been cited.
Summary
Mr Farooq Ahmad Mann, the judicial manager of Golden Mountain Textile and Trading Pte Ltd, applied to the General Division of the High Court to extend the company's judicial management period and his appointment by 180 days, and to extend the time to put forward his statement of proposals, an application the company did not oppose. The matter raised the principles applicable to extending a judicial management order under the Insolvency, Restructuring and Dissolution Act 2018, on which there did not appear to be a local decision. Goh Yihan J allowed the application, finding that the extension would further the statutory purpose of the company's survival as a going concern and that more time was appropriate given a majority creditor's request to revise the proposals.
What did the judicial manager seek in Farooq Ahmad Mann v Golden Mountain Textile [2024] SGHC 48?
In [2024] SGHC 48, the judicial manager Mr Farooq Ahmad Mann sought to extend Golden Mountain Textile and Trading Pte Ltd's judicial management period by 180 days from 30 January 2024, to extend his own appointment, and to extend the time to file his statement of proposals.
Under what statute was the application in [2024] SGHC 48 brought?
The application in Farooq Ahmad Mann v Golden Mountain Textile and Trading Pte Ltd [2024] SGHC 48 was brought under Part 7 of the Insolvency, Restructuring and Dissolution Act 2018, including section 107(3)(a), and was heard by Goh Yihan J on 12 January 2024.
Statutes Cited
Cases Cited (7)
Related cases
Other Singapore judgments involving the same parties or counsel.
Referenced in
Statutes interpreted in this judgment
Legal concepts & references
Judgment
Read the full judgment on the official Singapore Courts portal.
Read on eLitigationSource: eLitigation ([2024] SGHC 48)