Saafa Plastic Ltd winding up
The petitioner, by special resolution and uncontested petition, has advanced sufficient grounds for winding up under section 279(1)(a) of the Companies Act. The court is satisfied and grants the winding up and appointment of the proposed liquidator under section 294.
- Citation
- Saafa Plastic Ltd winding up
- Parties
- Petitioner: Saafa Plastics Limited
- Court
- TANZLII
- Jurisdiction
- Tanzania
- Judgment Date
- 27 January 1999
- Procedural Posture
- Winding Up Petition / Final Ruling
- Outcome
- petition allowed
- Legal Topics
- Winding Up, Appointment of Liquidator, Voluntary Resolution
- Source Language
- English
Case Brief
Summary, issues, holding and outcome
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Parties
Saafa Plastics Limited
Petitioner
Procedural Posture
Winding Up Petition / Final Ruling
Legal Issues
- 1 Whether sufficient grounds exist for winding up the petitioner company
- 2 Whether the appointment of the proposed liquidator is appropriate
Ratio Decidendi
The petitioner, by special resolution and uncontested petition, has advanced sufficient grounds for winding up under section 279(1)(a) of the Companies Act. The court is satisfied and grants the winding up and appointment of the proposed liquidator under section 294.
Court Disposition
petition allowed
Orders
- Saafa Plastics Limited is hereby wound up
- Advocate Claudio Msando (Roll No. 8482) appointed as official liquidator for three months, subject to court control
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