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Tanzania decisions
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Petitioner lacked capacity as administrator's tenure had expired; failed to substantiate grounds for winding up, including inability to pay debts; company has potential for revival and winding up would not be just and equitable. Petition dismissed.
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The petition is incompetent for failure to attach or implead a Board Resolution authorizing the commencement of proceedings by the Petitioner company, which is a mandatory requirement under company law.
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The breakdown in communication and management among directors, abandonment of company affairs, and failure to comply with statutory obligations make it just and equitable to wind up Azure Boutique Resort Limited under section 279(1)(e) of the Companies Act.
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Winding-up petition dismissed after the court found no genuine grounds and held the petitioner lacked clean hands in seeking equitable relief.
The High Court ordered Maasai Experience Company Limited wound up after finding the directors’ relationship had irretrievably broken down and the company could no longer function.
The High Court ordered the compulsory winding up of Kluane Drilling Tanzania Limited and appointed a liquidator after the company did not oppose the petition.
The High Court ordered the winding up of Casements Africa Limited after finding the company dormant, non-compliant with filings, and unopposed.
The High Court ordered the winding up of Casements Africa Limited after finding the company dormant, unmanaged, and uncontested on the petition.
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