FAROOQ AHMAD MANN (IN HIS CAPACITY AS THE JUDICIAL MANAGER) v GOLDEN MOUNTAIN TEXTILE AND TRADING PTE LTD (IN JUDICIAL MANAGEMENT)

[2024] SGHC 48 High Court (General Division) 23 February 2024 • HC/OA 448/2023 ( HC/SUM 3815/2023 ) • 12 min read

7 cases cited (2 SG, 5 foreign) Cited by 1 case

Key facts

Court	High Court (General Division)
Decided	23 February 2024
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 23 February 2024 — eLitigation. Updated 25 June 2026.

Catchwords

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 Companies — Receiver and manager — Judicial management order — Whether judicial management order should be extended

Practice Areas

Insolvency Law Companies

Judges (1)

Goh Yihan Delivered

Counsel (4)

Providence Law Asia LLC Firm Alston Yeong Counsel Applicant Huang Xinli Daniel Counsel Applicant Lau Hui Ming Kenny Counsel Applicant

Parties (2)

Golden Mountain Textile and Trading Pte Ltd Respondent Farooq Ahmad Mann Applicant

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.

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.