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Tanzania Case Law

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Company law IN THE MATTER OF COMPANIES ACT AND IN THE MATTER OF PETITION FOR ADMINSTRATION ORDER BY THE CO

IN THE MATTER OF COMPANIES ACT AND IN THE MATTER OF PETITION FOR ADMINSTRATION ORDER BY THE CO

The company demonstrated inability to pay its debts and a management deadlock, and no objection was raised to administration. It is not just and equitable to wind up the company; administration is appropriate to salvage the business.

  • Administration order
  • Appointment of administrator
  • Company unable to pay debts
  • Deadlock in management
  • Just and equitable ground
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