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Mandala Energy Investment & Mandala Energy Management undergo voluntary wind up

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  • by Admin
Extraordinary general meetings for both companies were held on Thursday, 25 March and Borrelli Walsh Pte Limited haS been appointed Liquidators for the process.
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Two notices were published in the Government Gazette on Thursday (1 April) regarding the winding up of Mandala Energy Investment Pte Ltd and Mandala Energy Management Pte Ltd.

Information in both notices were identical and states that extraordinary general meetings for both companies were held electronically on Thursday, 25 March at where the following resolutions were passed:

  • The company will be wound up voluntarily pursuant to the Insolvency, Restructuring and Dissolution Act 2018).
  • The appointed Liquidators are authorised to exercise any of the powers provided by Section 144(1)(b), (c), (d) and (e) of the Insolvency, Restructuring and Dissolution Act 2018.
  • In accordance with the provisions of the company’s articles of association, the Liquidators are authorised to distribute in specie all or any part of the company’s assets remaining after satisfaction of all debts and liabilities.
  • Cosimo Borrelli and Mark Peter O’Reilly both of Borrelli Walsh Pte Limited have been appointed as Joint Liquidators of the company for the winding-up process.

The published contact details for the Liquidators are:

Borrelli Walsh Pte Limited
One Raffles Place,
Tower 2, #10-62,
Singapore 048616


Photo credit: Drew Beamer
Published: 6 April, 2021

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