×
App Icon
The Standard e-Paper
Smart Minds Choose Us
★★★★ - on Play Store
Download App

Company directors have no powers to sell assets before winding up suit

By Nyakundi Nyamboga

The petitioner, a debt collector, drew the court’s attention to the fact that a director of Invesco Insurance Company had disregarded its orders of October 17, last year.

Get Full Access for Ksh299/Week.
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in