In Re Trio Trading Co Ltd [1983] KEHC 1 (KLR)

REPUBLIC OF KENYA

IN THE HIGH COURT OF KENYA

AT NAIROBI (NAIROBI LAW COURTS)

Bankruptcy & Winding-Up Cause 15 of 1983

Trio Trading Co Ltd v In the Matter of Companies Act

RULING

This winding-up Petitione has been brought against Trio Trading Company Limited under the provision of the Companies Act Cap 486 of the Laws of Kenya.

In support of the Petition is an affidavit deponed by the Petitioning Creditor Swiss Chemical Company Limited.

In addition there is an affidavit deponed by a supporting creditor Kentazuga Limited who have obtained two decrees in two different Civil  Suits against the Company and are requesting for the order as well. I am satisfied that the two creditors claims have been proved. I hereby grant the Order as prayed and Order that Trio Trading Company Limited  be wound up and the Petitioner Creditor and the Supporting Creditor to have costs of the Petition. This to be paid out of the Assets of the Company.

June 16,1983

Owuor, J