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

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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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