DAVINDER SINGH CHAMBERS LLC Business Review
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DAVINDER SINGH CHAMBERS LLC
UEN:201988999R
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TrustScore Analysis
DAVINDER SINGH CHAMBERS LLC has a TrustScore of 87. Businesses in this range are generally considered reliable. However, it's still advisable to conduct reasonable checks before engaging in transactions.
Our preliminary analysis has revealed key insights about DAVINDER SINGH CHAMBERS LLC's performance and market presence. Here‘s a summary of our findings:
Positive highlights
Has been operational for several years
Has accessible contact information online
Official business profile found on major search engines
Negative highlights
- No employer brand presence on career platforms
- Does not have accessible contact information online
- Not accredited by CaseTrust
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Lim's defence lawyer Navin Thevar of Davinder Singh Chambers argued against a "prohibitive" bail as he pointed out that Lim was an unlikely flight risk given his frail health and that there is in place a court order to freeze his assets worldwide which is related to a separate case. He also cited travel curbs amid the pandemic as another factor. Mr Thevar submitted that the prosecution has failed to show that there has been a material change of circumstances. He posited that the Commercial Affairs Department would have had some idea of the "rough scale" of alleged losses suffered by creditor banks when they arrested Lim last year and sought a S$3 million court bail for the billionaire then "when not a single charge was framed". Mr Kannan rejected the assertion. "I am knee-deep in this investigation and we didn't know the scale of offences at that material time," he asserted.
Lim's defence lawyer Navin Thevar of Davinder Singh Chambers argued against a "prohibitive" bail as he pointed out that Lim was an unlikely flight risk given his frail health and that there is in place a court order to freeze his assets worldwide which is related to a separate case. He also cited travel curbs amid the pandemic as another factor. Mr Thevar submitted that the prosecution has failed to show that there has been a material change of circumstances. He posited that the Commercial Affairs Department would have had some idea of the "rough scale" of alleged losses suffered by creditor banks when they arrested Lim last year and sought a S$3 million court bail for the billionaire then "when not a single charge was framed". Mr Kannan rejected the assertion. "I am knee-deep in this investigation and we didn't know the scale of offences at that material time," he asserted.
9 properties in Singapore, Australia among Hin Leong's Lim family assets frozen by High Court
The order does not prohibit the Lim family “from dealing with or disposing their assets in the ordinary and proper course of business", but they have to account to the liquidators every 14 days for the sum spent. ST has asked their lawyers at Davinder Singh Chambers for comment. Last August, PwC, represented by Senior Counsel Cavinder Bull of Drew & Napier, sued to force the Lim family to repay the US$3.5 billion debt and $90 million in dividends they allegedly paid themselves even though their firm was insolvent. PwC alleged that they had breached their fiduciary duties as directors and engaged in fraudulent trading. On April 30, Singapore prosecutors charged the elder Lim with 23 counts of forgery-related offences.
9 June 2021
Singapore court freezes US$3.5 billion assets of Hin Leong’s Lims
Independent liquidator Goh wasn’t immediately available for comment outside business hours. Lawyers for the Lim family at Davinder Singh Chambers LLC didn’t reply to an email seeking comments outside office hours. Hin Leong, once the city-state’s largest independent oil trader, made an application through its then-judicial managers earlier this year to freeze assets, shares and funds held by its founder, known as OK Lim, and his two children. The application was motivated by a risk of asset dissipation as more than 20 banks fought to recover billions of dollars in loans to the fabled trader. The court approved the winding up of the company in March. Lim has been charged with forgery and related offences.
HLT's liquidators Mr Goh and Chan Kheng Tek of PricewaterhouseCoopers are represented by senior counsel Cavinder Bull and Chia Voon Jiet of Drew & Napier. The elder Lim is represented by senior counsel Davinder Singh and Jaikanth Shankar of Davinder Singh Chambers.
HLT's liquidators Mr Goh and Chan Kheng Tek of PricewaterhouseCoopers are represented by senior counsel Cavinder Bull and Chia Voon Jiet of Drew & Napier. The elder Lim is represented by senior counsel Davinder Singh and Jaikanth Shankar of Davinder Singh Chambers.
Singapore court freezes US$3.5b assets of Hin Leong’s Lims
Independent liquidator Goh wasn’t immediately available for comment outside business hours. Lawyers for the Lim family at Davinder Singh Chambers LLC didn’t reply to an email seeking comments outside office hours. Hin Leong, once the city-state’s largest independent oil trader, made an application through its then-judicial managers earlier this year to freeze assets, shares and funds held by its founder, known as OK Lim, and his two children. The application was motivated by a risk of asset dissipation as more than 20 banks fought to recover billions of dollars in loans to the fabled trader. The court approved the winding up of the company in March. Lim has been charged with forgery and related offences.
22 May 2021
Company Industry
Singapore Standard Industrial Classification (SSIC)
69101
LEGAL ACTIVITIES (EXCLUDING ONLINE MARKETPLACES)