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Company law THE NBC LTD VS MOHAMED TRANS LTD CONSOLIDATED COMM CAUSE NO

THE NBC LTD VS MOHAMED TRANS LTD CONSOLIDATED COMM CAUSE NO

A petition by a creditor under section 265 of the Companies Act for discharge of an administration order constitutes legal proceedings and requires leave of the court under section 250(3)(d); absence of such leave renders the petition incompetent and liable to be struck out.

  • Administration order
  • Leave of court
  • Creditor rights
  • Companies act interpretation
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