the court refused to sanction the plan on the basis that the conditions for cram down were not met – the court was not satisfied that HMRC would be better off under the plan and even if it were the judge said he would have not exercised his discretion to cram down.
A report by the Auditor General notes that UCC risks losing more than Shs2b due to Smile Telecommunication, which has since January last year discontinued its services due to a dispute with.
Download logoMembers of Parliament have urged telecommunication service providers to adopt more friendly data and voice bundles. This, according to the