Asean Infrastructure Fund II, LP
Reasons for decision - Exempted limited partnership - removal of General Partner by unanimous resolutions of the Limited Partners - General Partner required by the ELP Law to file statement of its removal with the Registrar - refusal to file statement- petition to Court to appoint another suitable person to file statement in order to effect dissolution of partnership- whether Petition should be adjourned to allow for a stay application in deference to arbitrial proceedings in Singapore between General Partner and one but not all Limited Partners - relief sought in the Petition available only by exercise of the exclusive jurisdiction of the Grand Court - relief not available by arbitration and not the subject of arbitration - whether adjournment justified.
| Cause Number | FSD 0140 OF 2020 (ASCJ) |
|---|---|
| Court | Grand Court |
| Judgment Date | 2020-Aug-24 |
| Subject | Reasons for decision - Exempted limited partnership - removal of General Partner by unanimous resolutions of the Limited Partners - General Partner required by the ELP Law to file statement of its removal with the Registrar - refusal to file statement- petition to Court to appoint another suitable person to file statement in order to effect dissolution of partnership- whether Petition should be adjourned to allow for a stay application in deference to arbitrial proceedings in Singapore between General Partner and one but not all Limited Partners - relief sought in the Petition available only by exercise of the exclusive jurisdiction of the Grand Court - relief not available by arbitration and not the subject of arbitration - whether adjournment justified. |
| Category | Financial Services Division |
| Filename (current) | 3CE3Y9YNJI6S1EIC02IH52BD41ED514659DA856AC887F1FF65BF.pdf |