High Court of Malawi - 2006 May

1 judgment
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Results. 1 judgment found.

1 judgment
May 2006
Defendant held severally liable under s42(1) where company effectively had only one member; collection charges denied.
  • Company Law
    • — Membership — Whether company membership fell below two and sole-member liability under s42(1)
    • — Shares — Whether an office entry (“General Manager”) on the register constitutes a legal member
    • — Remedies — Application of s42(1) liability and discretion under s42(2) — Relief and costs
23 May 2006