Judgment[1988] KEHC 2
Case law
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Division and case type: Constitutional and Human RightsPetition
…The ground on which the petition has been brought is that the company is unable to pa its debts (see sections 219 and 220 of the Companies Act).…
…There is evidence (oral and affidavit ) to show that as at 1st August, 1986 the company was indebted to the Petitioner, for moneys lent and advanced, in the sum of shs 946,615/70 and that on 22nd September, 1986 the necessary…