Kabiito Karamagi and Donald Nyakairu (The Receivers/Managers of Spencon Services Limited-In Receivership) v Musisi
Kabiito Karamagi and Donald Nyakairu (The Receivers/Managers of Spencon Services Limited-In Receivership) v Musisi (MISCELLANEOUS CAUSE NO. 80 OF 2017) [2020] UGHCCD 166 (11 June 2020)
The High Court set aside a disputed sale of company machinery in receivership, finding the asset was sold at gross undervalue without proof of authority or proper payment.
- Receivership Directions
- Asset Recovery
- Sale Of Company Assets
- Bona Fide Purchaser
- Undervalue Transactions
- Receivership