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In Other News · Kenya · Markets

Industrial Park demands cancellation of license for administrators over malpractice

Source: Kahawa Tungu
Summary
Infinity Industrial Park Limited has petitioned the Official Receiver to investigate the conduct of two insolvency practitioners appointed by Bank of Baroda (Kenya) Limited to administer the company. The company is seeking disciplinary action against joint administrators Ponangipalli Venkata Ramana Rao and Swaroop Rao Ponangipalli, following a High Court decision that set aside their appointment. [...] The post Industrial Park demands cancellation of license for administrators over malpractice appeared first on Kahawatungu.
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