stefano ciocca vs azure boutique resort limited 3 others 2023 tzhccomd 339 20 october 2023
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.
Source excerpt
- Compulsory winding up
- Unfair prejudice
- Appointment of liquidator
- Director duties
- Statutory compliance