RWANDA DEVELOPMENT BOARD (RDB), v. GENERAL TECHNICAL CONSTRUCTION LIMITED (GTC Ltd)
The Director General of RDB does not have standing to initiate insolvency proceedings for a company; only those listed in Article 16 of Law n°12/2009, including the Register General, may do so. The specific provision in the insolvency law overrides the general powers granted to the Director General under the RDB establishing law.
Source excerpt
- Standing to initiate insolvency proceedings
- Powers of corporate officers
- Interpretation of insolvency statutes