[2015] KEHC 140 (KLR)

[2015] KEHC 140 (KLR)

The court found that Picasso Chemicals Limited was dissolved by its directors with the sole purpose of evading liabilities, including compensation owed to the petitioner for injuries sustained in the course of employment. The court held that such conduct was in bad faith and amounted to an abuse of the dissolution...

Source-derived case information.

Citation
[2015] KEHC 140 (KLR)
Parties
Plaintiff: Newton Ombuni; Defendant: Picasso Chemicals Limited
Court
High Court
Court Station
High Court at Nairobi (Milimani Commercial Courts)
Jurisdiction
Kenya
Case Number
Miscellaneous Cause 12 of 2014
Procedural Posture
Miscellaneous Cause / Judgment
Outcome
petition allowed
Judges
DO Ogembo
Legal Topics
Company Dissolution, Restoration to Register, Corporate Liability, Creditor Protection
Source Language
en
Commercial and Corporate Company Dissolution Restoration to Register Corporate Liability Creditor Protection

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Parties

Newton Ombuni

Plaintiff

Picasso Chemicals Limited

Defendant

Procedural Posture

Miscellaneous Cause / Judgment

  1. 1 Whether the court has discretion to restore Picasso Chemicals Limited to the Register of Companies under section 339 of the Companies Act.
  2. 2 Whether the dissolution of the company was intended to defeat the petitioner's claim for compensation.

Ratio Decidendi

The court found that Picasso Chemicals Limited was dissolved by its directors with the sole purpose of evading liabilities, including compensation owed to the petitioner for injuries sustained in the course of employment. The court held that such conduct was in bad faith and amounted to an abuse of the dissolution process under section 339 of the Companies Act. The court exercised its discretion to restore the company to the register, ensuring that the petitioner and other potential creditors are not unjustly deprived of their legal remedies. The restoration order was deemed necessary to uphold justice and prevent the misuse of corporate dissolution to defeat legitimate claims.

Court Disposition

petition allowed

Orders

  • The name of Picasso Chemicals Limited is restored to the Register of Companies.
  • This order shall be served upon the Registrar of Companies and shall bind the Registrar upon receipt, who shall act on it within seven days.