Companies and winding-up
3 cases · May 2026 to May 2026
Key Issues & Sub-Topics
Winding-up petitions — Stay of proceedings — Special circumstances — Pending appeal against judgment in related suit — Pendency of buy-out order in minority oppression proceedings — Whether pending appeal operates as stay of execution — Whether multiplicity of proceedings constituted abuse of process — Whether stay should be granted to await appellate outcome — Companies Act 2016, ss 465(1)(e), (h), 466(1)(a), 469(1)(b) 3 Winding-up petitions — Grounds — Inability to pay debts — Just and equitable — Breakdown of mutual trust and confidence between equal shareholders — Deadlock in management — Extensive litigation history — Company insolvent — Subsidiaries already wound up — Buy-out order already made but not complied with — Whether winding-up order appropriate — Companies Act 2016, ss 465(1)(e), (h) 3
Key Statutes
Companies Act 1965 (Cap 777)
cited in 3 cases Companies Act 2016 (Cap 777)
cited in 3 cases Courts of Judicature Act 1964 (Cap 91)
cited in 3 cases