№ files_lp_4_process_1_33908
Formal court ruling detailing the provisional liquidation order against Protection Engineering Namibia (Pty) Ltd and procedural history including debt recovery, ongoing asset valuation, and condonation application for late filing.
Year: 2024
Jurisdiction: Namibia, High Court, Main Division, Windhoek
Document Type: Court Ruling
Court: High Court of Namibia
Judge: Honourable Lady Justice Rakow
Parties: Applicant – Clydon Namibia CC; 1st Respondent – Protection Engineering Namibia (Pty) Ltd; 2nd Respondent – Master of the High Court of Namibia
Case Number: HC-MD-CIV-MOT-GEN-2023/00370
Hearing Date: 31 February 2024
Delivery Date: 21 May 2024
Legal Basis: Companies Act 28 of 2004, Administration of Estates Act 66 of 1965
Dispute Subject: Provisional and potential final liquidation of first respondent, debt recovery of N$677 096, contractual obligations under sub-contractor agreements
Assets and Liabilities of 1st Respondent: Assets – N$1 293 137.13, ongoing projects valued at N$37 090 535.25, wage bill N$230 000 per month
Procedural Notes: Condonation application for late affidavit filing, compliance with Rule 54(2) and Rule 32(9) of court procedure
Price: 8 / 10 USD
The file will be delivered to the email address provided at checkout within 12 hours.

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