Morven Kenya Ltd [2004] KEHC 1268 (KLR)

REPUBLIC OF KENYA

IN THE HIGH COURT OF KENYA AT NAIROBI

COMMERCIAL DIVISION, MILIMANI

NAIROBI HC WINDING UP CAUSE NO. 29 OF 2003

IN THE MATTER OF MORVEN KENYA LIMITED

AND

IN THE MATTER OF THE COMPANIES ACT

R U L I N G

On 15th December, 2003 this court (Ibrahim, J.) ordered the voluntary winding-up of MORVEN KENYA LIMITED under the supervision of the court. MR. NJOKA MWANGI Certified Public Accountant, was appointed receiver and interim liquidator of the Company. The court also ordered that the said receiver/interim liquidator do file a statement of affairs and/or progress report of the winding up.

The receiver/interim liquidator has now filed a liquidator’s statement of account as at 31st August, 2004. It is dated 28th September, 2004 and was put in by the advocate for the Company on 4th November, 2004 when the matter came up for mention. I have looked at that statement of account. It shows that the assets of the company comprising furniture and fittings and machines and office equipment were sold. The proceeds realized thereby, in addition to the cash available at the bank, were utilized to make various payments, including income tax, auditing fees, lawyer’s fees and the liquidators fees. It appears that all the affairs of the Company have now been properly taken care of.

There is nothing outstanding to be done.

I will therefore order that the Company, MORVEN KENYA LIMITED, be and is hereby dissolved. The books and papers of the Company shall be handed over to and remain in the custody of two of its directors, DORIS K. MWITI and MARTIN M. KABURIAH . Orders accordingly.

DATED AND SIGNED AT NAIROBI THIS 8TH DAY OF NOVEMBER, 2004.

H.P.G. WAWERU

JUDGE