23
Jan
Justicia Shipena The High Court has placed Omuthiya Classic Investment CC, trading as Omuthiya Build It, under provisional liquidation after finding that the business cannot pay its debts as they fall due. The ruling, delivered on 16 January, follows an application by The Spar Group Limited, which asked the court to wind up the Omuthiya-based retailer. Spar and Omuthiya Build It began a commercial relationship in 2015. Under several agreements, Spar supplied building materials and related services to the retailer on credit through warehouse and drop-ship transactions. Ownership of the goods remained with Spar until full payment. Omuthiya Build It’s…
