Roko Construction Limited, a civil engineering and construction company in Uganda has been dragged to Commercial division of High court over failure to pay Shs 336million.
According to Specialized Coating Uganda Limited, Roko has failed to clear the accumulated sums rising from paint they supplied on various construction sites of Imperial mall and Namugongo martyrs shrine.
According to suit, Specialized Coating Uganda Limited supplied paint and other related equipment as agreed however Roko has not paid as stated in the contract and this has prompted the High Court registrar to summon the construction company.
Specialized Coating Uganda Limited avers that Roko’s failure to clear the debt has caused financial distress to the company as well as crippling their business and supply chain.
Roko has therefore been given two weeks to defend itself before court and failure to do so, court will deliver its judgment basing on evidence and submissions made by the complainant.
Specialized Coating Uganda Limited claims that they have served Roko with various notices however that have not responded. They therefore want the court to compel the construction company to pay the outstanding shs 336 million.