In Reliance Infrastructure Limited v Shanghai Electric Group Co Ltd [2024] SGHC(I) 3, the Singapore International Commercial Court threw out a challenge to a US$146m SIAC award won by Shanghai Electric Group Co Ltd. The challenge was based on allegations that the underlying agreement was forged.

The Debt Collection Act 2022 (“DCA”) came into force on 1 December 2023 and from 1 March 2024, all persons or entities which carry on a debt collection business, or carry out any debt collection activities in the course of their business, must be licensed under the DCA. This article considers the policy objectives of the DCA, highlights its key features, and sets out some observations on its scope as well as its implications for debtors and creditors.

Public Mutual Bhd, a wholly-owned subsidiary of Public Bank, declared distributions exceeding RM30 million for four funds for the financial year ending January 31, 2024.

Civil Procedure — Stay of execution of judgment pending appeal