miniso tanzania company limited 2021 tzhccomd 3378 3 november 2021
The petitioner satisfied statutory requirements for winding up by special resolution and demonstrated inability to pay debts, justifying winding up under the Companies Act.
- Citation
- miniso tanzania company limited 2021 tzhccomd 3378 3 november 2021
- Parties
- Petitioner: Miniso Tanzania Company Limited
- Court
- TZHCCOMD
- Jurisdiction
- Tanzania
- Judgment Date
- 3 November 2021
- Procedural Posture
- Winding Up Petition / Final Judgment
- Outcome
- petition allowed
- Legal Topics
- Winding Up, Company Insolvency, Appointment of Liquidator
- Source Language
- English
Case Brief
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Parties
Miniso Tanzania Company Limited
Petitioner
Procedural Posture
Winding Up Petition / Final Judgment
Legal Issues
- 1 whether Miniso Tanzania Company Limited qualifies to be wound up
Ratio Decidendi
The petitioner satisfied statutory requirements for winding up by special resolution and demonstrated inability to pay debts, justifying winding up under the Companies Act.
Court Disposition
petition allowed
Orders
- Miniso Tanzania Company Limited is hereby wound up pursuant to sections 279(1)(d) and 281(1) of the Companies Act.
- Advocate Frank Elias Kifunda appointed official liquidator for three months, subject to court control, with powers under the Companies Act.
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