Bank of India (U) Limited v NC Beverages Limited and Another
Bank of India (U) Limited v NC Beverages Limited and Another (Civil Suit No. 9 of 2021) [2022] UGCommC 33 (21 March 2022)
The High Court held that URA’s distress and sale were void after liquidation commenced, and upheld the bank’s right as secured creditor to foreclose and take possession.
- Secured Transactions
- Priority Of Creditors
- Foreclosure
- Insolvency Proceedings
- Winding Up
- Remedies For Default