[2014] KEHC 1465 (KLR)

[2014] KEHC 1465 (KLR)

The court held that section 228 of the Companies Act is mandatory and requires a company in liquidation to obtain leave before instituting proceedings. Given the applicant's status as a company in liquidation and the absence of substantive opposition, the court found it appropriate to grant leave to commence...

Source-derived case information.

Citation
[2014] KEHC 1465 (KLR)
Parties
Applicant: Coates Brothers (EA.) Limited; Respondent: Continental Adjusters (K) Limited
Court
High Court
Court Station
High Court at Nairobi (Milimani Commercial Courts)
Jurisdiction
Kenya
Case Number
Miscellaneous Civil Application 480 of 2014
Procedural Posture
Miscellaneous Application / Ruling on Application for Leave to Commence Proceedings by Company in Liquidation
Outcome
leave granted
Judges
F Gikonyo
Legal Topics
Company Liquidation, Leave to Sue, Winding Up Orders
Source Language
en
Commercial and Corporate Company Liquidation Leave to Sue Winding Up Orders

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Parties

Coates Brothers (EA.) Limited

Applicant

Continental Adjusters (K) Limited

Respondent

Procedural Posture

Miscellaneous Application / Ruling on Application for Leave to Commence Proceedings by Company in Liquidation

  1. 1 Whether leave should be granted to a company in liquidation to commence proceedings against the respondent under section 228 of the Companies Act.

Ratio Decidendi

The court held that section 228 of the Companies Act is mandatory and requires a company in liquidation to obtain leave before instituting proceedings. Given the applicant's status as a company in liquidation and the absence of substantive opposition, the court found it appropriate to grant leave to commence proceedings against the respondent within 30 days. The decision ensures compliance with statutory requirements and protects the interests of the company and its creditors during liquidation.

Court Disposition

leave granted

Orders

  • Leave is granted to the applicant to commence judicial proceedings against the respondent within 30 days of the ruling.