Important developments in insolvency law from Sun Electric Power Pte Limited v RCMA Asia Pte Ltd (formerly known as Tong Teik Pte Ltd) [2021] SGCA 60

Recently, in Sun Electric Power Pte Limited v RCMA Asia Pte Ltd (formerlyknown as Tong Teik Pte Ltd) [2021] SGCA 60, the Singapore Court of Appeal made several important clarifications about the law of insolvency in Singapore. In particular, the Court of Appeal clarified that: