BREWER WANTS NAKUMATT TO CLOSE SHOP.

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Nakumatt supermarket.

Nakumatt supermarket.

BY SAM ALFAN.

A top tea brewer wants Nakumatt Supermarket to close shops over a Sh60 million debt.

Gold Crown Beverages says the sh60 million debt has remained unpaid since January last year.

They claim that Nakumatt supermarket has committed various bankruptcy offences within the last 2 years before they filed the petition.

“The debt amount owed to the petitioner by Nakumatt is within the prescribed insolvency level in accordance with the Insolvency Act, 2015,” Gold Crown says.

The tea brewer wants Nakumatt liquidated under the provisions of the Insolvency Act 2015.

Gold Crown argues that they have made repeated requests to the company for the payment or part payment of the debt but Nakumatt has failed, neglected and or refused to pay the debt.

High Court Deputy Registrar has directed Gold Crown to advertise its petition to the public before the liquidation proceedings can continue.

Proceedings resume September 17 for further directions.

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