Local shareholders want the court to allow them to start arbitration proceedings, challenging alleged unlawful dilution of their shareholding.
By
Dominic Omondi
Business Reporter
Nation Media Group
Local shareholders of Tatu City are mounting a last-ditch effort to reverse an alleged dilution of their stakes by their foreign business partners, even as their shares face the auctioneer's hammer following a recent ruling by Mauritius' highest court.
Mauritius Supreme Court HaltsChappal Energies’ Planned Takeover
Mental capacity claim jolts Nyachae estate dispute
African Rainbow Capital wins court ruling on Tanzania mining against Pula Graphite Partners
ConCourt rules R135m Tafelberg land sale unlawful, a victory for housing activists
How the Tafelberg ConCourt ruling changes SA public land sales forever
Motsepe Company Cleared in $195 Million Graphite Dispute
For nearly two decades, Tatu City’s foreign majority shareholders and Kenyan minority shareholders have been locked in protracted…
Bidco Africa chairman Vimal Shah and former Central Bank of Kenya governor Nahashon Nyagah have effectively lost their battle for…
The fresh application by Bia Tosha comes barely a month after Justice Bahati Mwamuye dismissed a near-identical request on April…
. Refers shareholder dispute to London Arbitration
SBS Dunhill says the building owners had agreed to a rent-to-own arrangement signed in 2017, but the landlords have denied the…
A row has erupted between a private investor and squatters over the ownership of 100 acres of land in Taita Taveta County.
