Singapore Court of Appeal clarifies treatment of disputed debts in winding up applications involving arbitration agreements: Allen & Gledhill

The Singapore Court of Appeal in Singapore Commodities Group Co., Pte. Ltd. v Founder Group (Hong Kong) Ltd (in liquidation) [2026] SGCA 24 has reaffirmed the principles governing winding up applications founded on disputed debts that are subject to arbitration agreements. The Court of Appeal also provided important guidance on the scope of the “abuse of process” exception recognised by it in AnAn Group (Singapore) Pte Ltd v VTB Bank (Public Joint Stock Co) [2020] 1 SLR 1158 (“AnAn”), and when indemnity costs would…