You are using an insecure Internet browser
We have noticed that you are using Internet Explorer which is an outdated and insecure Internet browser. Please use one of the browsers below for a safe and optimal experience on our website.
High Court revises ruling on creditors’ claim on joint bank accounts
22 Jan 2021
Abraham Vergis and Mingguan Lim were recently successful in resisting final garnishee orders sought against joint bank accounts. This is the first reported case by the Singapore courts involving a show cause hearing after a provisional garnishee order was made, in a departure from precedent, against such joint accounts.
This decision provides important guidance for banks, judgment creditors and joint account holders on how to manage potential enforcement proceedings against judgment debtors and joint bank accounts in their names.
Read the Court’s judgment here.
Read our case summary here.
The case has been reported here and here.