Stanbic Bank
Stanbic Bank
Stanbic Bank
Stanbic Bank
19.7 C
Kampala
Stanbic Bank
Stanbic Bank
Stanbic Bank
Stanbic Bank

Roofings drags Roko Construction Ltd to Court over debt

Must read

Roofings Limited and Roofings Rolling Mills Limited have dragged Roko Construction Limited, a civil engineering and construction company to Commercial Division of High Court for failure to pay a debt.

Through their lawyers of Simon Tendo Kabenge and advocates, the two companies aver that they supplied construction materials which include steel bars, iron sheets to Roko for a number of projects however it had declined to pay for the materials.

According to announcement in Newspapers, in an insolvency petition, the two manufacturing companies want Commercial Court to wind up Roko construction Limited for failure pay its debts and honor a statutory demand.

“The petition is directed to be heard before court sitting at the Commercial Division on a date to be appointed by the Trial judge,” reads in part of the advert

In September 2020, Specialized Coating Uganda Limited dragged Roko to Commercial division of High court for failure to pay Shs336 million. The sums rose from paint they supplied on various construction sites of Imperial mall and Namugongo martyrs’ shrine.

- Advertisement -

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest article

- Advertisement -