The High Court has blocked directors of a manufacturer of packaging products from disrupting the functions of Equity Bank-appointed administrators who took over the operations of the financially distressed firm early this month.
The lender appointed Ponangipalli Venkata Ramana Rao and Swaroop Rao Ponangipalli as joint administrators on October 30 and took over the operations of Nes Poly Pack limited, over a debt of Sh193 million.
