In the landmark decision of Yit Chee Wah and another v Inner Mongolia Huomei-Hongjun Aluminium Electricity Co, Ltd and another appeal [2025] SGCA 27, the Singapore Court of Appeal clarified – for the first time – the test to be applied under rule 133(1) of the Insolvency, Restructuring and Dissolution (Corporate Insolvency and Restructuring) Rules 2020. This provision allows a liquidator to apply to the court to seek an expungement of a proof of debt or a reduction of its amount.

Our Partners Smitha Menon and Joel Chng, and Associates Toh Yong Xiang and Joanna Qiu, acted for the successful appellants before the Court of Appeal.

This update distils the salient points of the decision and the valuable guidance it proffers to insolvency practitioners.

If you would like information and/or assistance on the above or any other area of law, you may wish to contact the Partner at WongPartnership whom you normally work with or any of the following Partners:

Smitha MENON
Head – Restructuring & Insolvency
Partner – Special Situations Advisory
d +65 6416 8129
e smitha.menon@wongpartnership.com
Click here to view Smitha's CV.

Joel CHNG
Partner – Restructuring & Insolvency
and Special Situations Advisory
d +65 6517 8707
e joel.chng@wongpartnership.com
Click here to view Joel's CV.