miniso tanzania company limited 2021 tzhccomd 3378 3 november 2021

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

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Parties

Miniso Tanzania Company Limited

Petitioner

Procedural Posture

Winding Up Petition / Final Judgment

  1. 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.