Debt should be liquidated, due and demandable before a winding up petition can be entertained.
Demba Diop v GLT Infrastructure Limited 2019 SCJ 298 Facts On the 3rd of August 2018, Mr. D lodged a petition for G Ltd to be wound up. It was based on the premise that G Ltd was indebted to Mr. D in the amount of USD 131,267.37 representing unpaid salaries under an agreement. Mr. […]