Court extends administration of Multiple Hauliers

Multiple Hauliers managing director Rajinder Baryan at the firm's offices in Embakasi.

Photo credit: File | Nation Media Group

The High Court has extended the administration of cash-strapped Multiple Hauliers for another six months. Prime Bank had sought leave to proceed with a pending commercial suit against the firm.

In granting the extension, Justice Francis Gikonyo said allowing Prime Bank to proceed with its suit would be prejudicial to the administration process and all the other creditors.

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