Company Law

Surgipham Uganda Ltd v Noble Health Ltd and Anor (HCT-00-CC-CS-595 of 2003 ) [2005] UGCOMMC 60 (13 October 2005);


Search Summary: 

The company filed a petition for winding up by
order of court on grounds that it could no
longer meet its financial obligation. the petition
was opposed by the creditor URA a tax
collection agency and sought appointment of
an interim liquidator.

Headnote and Holding: 

The court held that an
interim liquidator could only be appointed
where the property of the company was in
double jeopardy and his/her his role is to take
possession of the property and the duties must
be stated. The court having found that the
property was not shown and not proved, court
found no merit in the application.
Accordingly the application was dismissed.


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