Nakumatt’s plea to the High Court for the appointment of an administrator to run its affairs until the struggling retailer gets back on its feet has split creditors over what action to take in their bid to recover their money.
High Court judge Joseph Louis Onguto Wednesday gave a chance to creditors to declare their stand on whether or not to support Nakumatt’s application for the appointment of an administrator, a move that attracted mixed views amongst the firms seeking recovery of debts owed by Nakumatt.
