Court temporarily halts PrideInn liquidation order

PrideInn Paradise Beach Resort Convention Centre and Spa in Shanzu, Mombasa. FILE PHOTO | NMG

PrideInn Hotels and Investments Ltd got a reprieve on Wednesday after the Court of Appeal suspended the execution of a judgment placing it into liquidation for its inability to pay a Sh69.3 million debt.

The stay of execution of the judgment has been issued pending the filing, hearing and determination of an appeal by PrideInn Hotels and Investments Ltd against the judgment issued by the High Court.

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