Tanzania Case Law

in the matter of companies act 2002 and in the matter of wilex auto trading ltd 2023 tzhccomd 251 31 july 2023

Court

TZHCCOMD

The petitioner has satisfied all statutory and procedural requirements for winding up under the Companies Act and Companies (Insolvency) Rules, including inability to pay debts, cessation of business, and proper advertisement of the petition. The grounds are sufficient to warrant a winding up order.

Source excerpt

• Voluntary winding up
• Company unable to pay debts
• Appointment of official receiver

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centre stage productions ltd vs commissioner general tra 2023 tzhccomd 112 20 april 2023

Court

TZHCCOMD

The High Court ordered Centre Stage Productions Limited wound up after finding it unable to pay debts, having suspended business, and complying with winding-up procedures.

• Winding up of companies
• Insolvency proceedings
• Appointment of official receiver
• Winding-up-of-companies
• Insolvency-proceedings
• Appointment-of-official-receiver

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IN THE MATTER OF THE PETITION FOR WINDING UP OF GOLDEN PEACOCK CO

Court

TANZLII

The company has passed a special resolution to wind up, is unable to pay its debts, and its liabilities exceed its assets. The requirements of the Companies Act for winding up are satisfied. No objections were raised, and all procedural requirements were met.

Source excerpt

• Winding up of companies
• Voluntary liquidation
• Appointment of official receiver

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