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Court saves Uchumi from auctioneers

THE STANDARD
By
Everlyne Kwamboka |
December 22nd 2020 at 00:00:00 GMT +0300
The High Court has saved the cash-strapped Uchumi Supermarkets’ assets from the auctioneer’s hammer over rent arrears.
This is after the court found Townsville Holdings Ltd disobeyed an order barring any landlord from exercising any act of forfeiture, or even distress for rent without reference to or consent of the supervisor of the company or approval of the court.
Justice Alfred Mabeya, sitting in Nairobi, also barred the landlord from harassing the supermarket until the court issues further orders.
In the case, the High Court had in July ordered that all claims before March 2 valued at more than Sh3 billion be settled in terms of the Company Voluntary Arrangement (CVA). ....

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Reprieve for Uchumi as eviction halted

Reprieve for Uchumi as eviction halted
Thursday December 17 2020
By JOSEPH WANGUI
Debt-ridden retail chain Uchumi Supermarkets Ltd has received a reprieve after the High Court issued orders preventing its landlord in Jogoo Nairobi from evicting it from the building.
Justice Alfred Mabeya on Wednesday directed Townsville Holdings Limited not to “evict or harass the retail shop in any way whatsoever” until further orders of the court, although the tenancy lease has since expired.
The judge also set aside the notices issued to the retail shop by Chador Auctioneers on October 30, 2020 proclaiming properties belonging to Uchumi Supermarkets Ltd over unpaid rent of undisclosed amount. ....

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