Auctioneer gets the nod to sell Tuskys goods over Sh40m rent
Summary
The retailer was the anchor tenant of the mall since 2015 and had leased the premises for 10 years.
Tuesday April 27 2021
By JOSEPH WANGUI
Summary
The retailer was the anchor tenant of the mall since 2015 and had leased the premises for 10 years.
The High Court has allowed an auctioneer to sell assets seized from fallen retail giant Tuskys Supermarket to offset Sh40 million rent arrears due to the owner of Juja City Mall on Thika Road.
Justice Lucy Gacheru lifted temporary orders Tuskys obtained last September blocking the sale. She also dismissed claims by the retailer that Auchland Agencies Auctioneers had blocked it from accessing the building, saying there was no evidence Tuskys was evicted from the premises as alleged.