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Commercial And Corporate [2020] UGHCCD 166

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
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