nitro explosives t ltd vs tanzania one mining ltd another 2022 tzhccomd 367 23 november 2022

nitro explosives t ltd vs tanzania one mining ltd another 2022 tzhccomd 367 23 november 2022

Execution proceedings against a director of a wound-up company cannot proceed without leave of the court; the application is incompetent.

Citation
nitro explosives t ltd vs tanzania one mining ltd another 2022 tzhccomd 367 23 november 2022
Parties
Applicant: Nitro Explosives (T) Limited; Respondent: Tanzanite One Mining Ltd; Respondent: Hussein Omarhajji Gong'a
Court
TZHCCOMD
Jurisdiction
Tanzania
Judgment Date
23 November 2022
Procedural Posture
Miscellaneous Commercial Application / Ruling
Outcome
Application struck out as incompetent
Legal Topics
Lifting Corporate Veil, Winding Up, Execution Proceedings, Liquidation
Source Language
English

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Parties

Nitro Explosives (T) Limited

Applicant

Tanzanite One Mining Ltd

Respondent

Hussein Omarhajji Gong'a

Respondent

Procedural Posture

Miscellaneous Commercial Application / Ruling

  1. 1 Whether the corporate veil can be lifted after winding up of a company
  2. 2 Whether execution proceedings can continue against a director of a wound-up company without leave of court

Ratio Decidendi

Execution proceedings against a director of a wound-up company cannot proceed without leave of the court; the application is incompetent.

Court Disposition

Application struck out as incompetent

Orders

  • Application struck out
  • No order as to costs