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Judgment

In the Matter of Al Najah Education Limited - Judgment

[2021] CIGC (FSD) 119 · FSD 0119/2021 (RPJ) · 2021-08-09

Application to wind up company- and to convene an EGM and amend its Articles- ss92 and 95 of Companies Law (2021 Revision)- Interim application to appoint joint provisional liquidators-section 104 (2) Companies Law- prima facie case a winding up order is likely to be made-necessity to prevent dissipation of assets, misconduct and mismanagement-oppression of minority shareholders-discretion. Insolvency; Shareholder Remedies; Corporate Governance

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Companies Act 92 (e), 92(e) 5

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