Beruflich Dokumente
Kultur Dokumente
16 September 2016
Dear Sirs
Hamish Alexander Christie of this office has been appointed the Interim Judicial Manager of
DTD SG ("IJM") pursuant to an Order made by the High Court of the Republic of Singapore
dated 15 September 2016 ("Order"). A copy of the draft Order is enclosed. A copy of the
sealed Order will be forwarded to you once it is available.
Upon the appointment of the IJM, the powers of the directors of DTD SG have been
suspended. All affairs, business and prope1iy of DTD SG including its subsidiaries and group
companies in Singapore, Malaysia, Hong Kong, Thailand, India and the PRC and elsewhere
(together "DTD Group") must now be managed by the IJM. Among other things, the
responsibilities of the IJM include identifying, taking control of, protecting and preserving
the assets and business of DTD SG and canying out such investigations as the IJM may
consider necessary.
Processing of Orders
A key focus of the IJM is to maintain and enhance the operations of DTD SG and we look
forward to working with you in this regard. There will however, be a number of
administrative changes in relation to your account with DTD SG.
In light of the appointment of the IJM, with effect from 15 September 2016, you are
requested to note in your future orders that the IJM has been appointed to DTD SG by
including the words "Interim Judicial Manager Appointed" after the name of DTD SG.
Further, any amount due to DTD SG is to be settled by cheque made payable to "Dragon
Technology Distribution Pte. Ltd. (Interim Judicial Manager Appointed)" and delivered to
the IJM.
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Outstanding Invoice
The records of DTD SG indicate that you are a debtor of DTD SG. Please settle the debt
immediately by sending to this office a cheque payable to "Dragon Technology Distribution
Pte. Ltd. (Interim Judicial Manager Appointed)". If you would like to make other payment
arrangements, please contact Cosimo Borrelli, Michael Chan or Andrea Tam of this office on
+65 6327 1211 immediately. All other trading tenns will remain unchanged.
If you dispute any amount of the Debt, please settle the undisputed balance and provide me
with full details of any dispute in relation to the Debt.
Should you have any queries or require any further infonnation, please contact Cosimo
Borrelli, Michael Chan or Andrea Tam of this office. Their contact details are set out below:
Andrea Tam
Office +65 6327 1211
Mobile +852 6136 73 26
Facsimile +65 6327 1711
Email ad t@borrelli walsh. corn
Yours faithfull y
2
Authorised Signatories to approve supplies to DTD SG:
Michael Chan
........................
Andrea Tam
~.
4
INTHEHIGHCOURTOFTHEREPUBLICOFSINGAPORE
CaseNo.:HC/OS936/2016
InthematterofPartVIIIAoftheCompaniesAct(Cap.50)
SubCaseNo.:HC/SUM
4486/2016 And
DocNo.:HC/ORC6276/2016
Filed:15September201606:06 InthematterofDragonTechnologyDistributionPteLtd(Singapore
PM UENNo.199001577W)
DRAGONTECHNOLOGYDISTRIBUTIONPTELTD
(SingaporeUENNo.199001577W)
...Applicant(s)
ORDEROFCOURT
Before: TheHonourableJudicialCommissionerAeditAbdullahinChambers
DateofOrder: 15September2016
UpontheapplicationofDragonTechnologyDistributionPteLtd(SingaporeUENNo.199001577W)theApplicantinthis
applicationcomingonforhearingthisday,anduponreadingthe1stAffidavitofNeerajChauhanfiledon14September
2016,anduponhearingcounselfortheApplicant,
Itisorderedthat:
1. PursuanttoSection227BoftheCompaniesAct(Cap50,2006RevEd)(theCompaniesAct),
MrHamishAlexanderChristie(NRICNo.S2200577D)(theInterim JudicialManager) be
appointedasinterimjudicialmanagerofDragonTechnologyDistributionPteLtd(t h e
Company)untilthefinaldeterminationoftheapplicationbytheApplicationtoplacetheCompany
underjudicialmanagement
2. TheInterimJudicialManagerbeempoweredtoexerciseallpowers,dutiesandfunctionsofjudicial
manager,includingbutnotlimitedtothepowerssetoutinSection227G,Section227Handthe
EleventhScheduleoftheCompaniesAct
3. Theaffairs,businessandpropertyoftheCompanybemanagedbytheInterimJudicialManagerin
ordertorehabilitatetheCompanyorpreserveallorpartofitsbusinessasagoingconcern,and/or
achieveamoreadvantageousrealisationoftheCompanysassetsthanwouldbeeffectedon
windingup
4. TheInterimJudicialManagerbeauthorisedtoopenandoperateandcloseoneormoreseparate
bankaccountsandthatthesignatoriestotheaccountoraccountsbetheInterimJudicialManager
and/orsuchpersonorpersonsasmaybenominatedbytheInterimJudicialManager
5. LeavebegrantedtotheInterimJudicialManagerpursuanttosection227GoftheCompaniesAct
3. Theaffairs,businessandpropertyoftheCompanybemanagedbytheInterimJudicialManagerin
ordertorehabilitatetheCompanyorpreserveallorpartofitsbusinessasagoingconcern,and/or
achieveamoreadvantageousrealisationoftheCompanysassetsthanwouldbeeffectedon
windingup
4. TheInterimJudicialManagerbeauthorisedtoopenandoperateandcloseoneormoreseparate
bankaccountsandthatthesignatoriestotheaccountoraccountsbetheInterimJudicialManager
and/orsuchpersonorpersonsasmaybenominatedbytheInterimJudicialManager
5. LeavebegrantedtotheInterimJudicialManagerpursuanttosection227GoftheCompaniesAct
to:
a. payoutoftheassetsoftheCompanyallthesalariesoftheemployeesoftheCompany
(includingtherequisiteCentralProvidentFundcontributionsandallreimbursementsfor
expenses)thatareoutstandingasatthedateof thisApplication
b. payoutoftheassetsoftheCompanyalldebtsoroperationalexpensesincurredintheusual
courseofbusiness,ifany,inordertomaintaintheCompanyasagoingconcernand
c. doallsuchthingsasmaybenecessaryforthemanagementoftheaffairs,businessand
propertyoftheCompany
6. LeavebegrantedtotheInterimJudicialManagertoexercisethesamepowersasajudicial
managertodisposeoforotherwisedealwithanypropertyofthecompanywhichissubjecttoa
security,inthesamemannerasprovidedforbysection227HoftheCompaniesAct
7. ThecostsofandincidentaltothisapplicationbepaidbytheCompanyoutofitsassetsand
8. TheInterimJudicialManager,andanyaffectedcreditorsoftheCompany,beatlibertytoapply.
HC/OS936/2016:HC/SUM4486/2016:HC/ORC6276/2016:HC/OS936/2016:HC/SUM4486/2016:HC/ORC6276/20
VINCENTHOONG
REGISTRAR
SUPREMECOURT
SINGAPORE