Singapore | Schemes of arrangement: Creditor classification and the importance of timely objections from credit

Can a scheme of arrangement include creditors that are potentially secured without first having their claims to security being fully and finally determined? Will the court entertain belated objections from a creditor regarding creditor classification? This update summarises the court’s views in Re Hin Leong Trading (Pte) Ltd (in compulsory liquidation) [2024] SGHC 256 on these issues.

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