Noble Resources International PTE Limited v Kitmin Holdings Limited; Shamit Varma & another (Interested Parties) [2020] eKLR Case Summary

Court
High Court of Kenya at Nairobi, Milimani Law Courts, Commercial and Tax Division
Category
Civil
Judge(s)
D. S. Majanja J.
Judgment Date
August 17, 2020
Country
Kenya
Document Type
PDF
Number of Pages
3
Explore the case summary of Noble Resources International PTE Limited v Kitmin Holdings Limited & Shamit Varma [2020] eKLR. Discover key legal findings and implications.


Case Brief: Noble Resources International PTE Limited v Kitmin Holdings Limited; Shamit Varma & another (Interested Parties) [2020] eKLR

1. Case Information:
- Name of the Case: Noble Resources International PTE Limited v. Kitmin Holdings Limited
- Case Number: Insolvency Cause No. E005 of 2020
- Court: High Court of Kenya, Commercial and Tax Division
- Date Delivered: August 17, 2020
- Category of Law: Insolvency Law (Civil)
- Judge(s): D. S. Majanja J.
- Country: Kenya

2. Questions Presented:
The court was tasked with resolving several legal issues:
- Whether the court should order security for costs.
- Whether the petition should be struck out due to a defective verifying affidavit.
- Whether the petition should be dismissed for non-compliance with Regulation 77B of the Insolvency (Amendment) Regulations 2018.
- Whether the petition should be struck out for failing to demonstrate that the Company is unable to pay its debts.
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