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Insolvency Act 2015: Does placing a firm under Receivership provide a win-win position for the creditors?

Insolvency Act 2015: Does placing a firm under Receivership provide a win-win position for the creditors?
capitalfm.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from capitalfm.co.ke Daily Mail and Mail on Sunday newspapers.

Athi riverNdungu ngichiriNakumatt holdingsEquity bank kenyaKaluworks ltdTranscentury group under receivershipCompanies actInsolvency actMumias sugarTusker mattressesAthi river miningMidland hauliersTranscentury group

Is receivership giving creditors hope under 2015 insolvency law?

Is receivership giving creditors hope under 2015 insolvency law?
businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.

Athi riverKaluworks ltdCompanies actInsolvency actMumias sugarAthi river miningMidland hauliers

Tanzanian businessman faces Interpol arrest

Guarav Jayesh Kumar Kotecha fails to stop warrants issued to Interpol for his arrest before a Nairobi court.

Nairobi areaUnited kingdomCity ofGuarav jayesh kumar kotechaDavid ndungiJayesh kumar prabhudas kotechaSuper hakikaBank limited of kshMidland hauliersBank kshHigh courtJayesh kumar kotechaGrace nziokaMidland hauliers limitedSuper hakika limitedPrime bank ksh

Tanzanian businessman faces arrest after court clears Interpol warrant

A Tanzanian businessman has failed to stop warrants issued to Interpol for his arrest before a Nairobi court over Sh706 million bank fraud charges.

Nairobi areaUnited kingdomCity ofDavid ndungiGuarar jayesh kumar kotechaJayesh kumar prabhudas kotechaMidland hauliers limited to super hakikaBank shSuper hakikaBank limited of shMidland hauliersHigh courtJayesh kumar kotechaGrace nziokaMidland hauliers limitedSuper hakika limited

PVR Rao: The unwilling suitor in Mumias revival union

He was appointed by KCB Group as the receiver-manager of Mumias Sugar in 2019 after the miller failed to pay its debt running into millions.

Athi riverJustice mabeyaPonangipalli venkata ramana raoKereto marimaSwaroop raoJustice alfred mabeyaStrathmore universityJomo kenyatta universitySarai group of ugandaAfrican cablesAthi river steel plant ltdMumias sugar companyHigh courtHealth sciencesMumias sugarSarai group