Two weeks ago, the supermarket got a reprieve after a court ordered its reinstatement to City Mall premises in Mombasa on condition that it pays Sh74.4 million rent arrears. By PHILIP MUYANGAMore by this AuthorNakumatt supermarket has been ordered to vacate its Likoni branch premises in Mombasa within the next 60 days. Nova Holdings Ltd, the owners of the premises had filed the application seeking to have the retailer to be ordered out of the premises located on the island side of Likoni. Mr Kahi had termed the actions of the applicants to be in breach of provisions of Section 430 of the Insolvency Act, a court order and purpose of the administration. Two weeks ago, the supermarket got a reprieve after a court ordered its reinstatement to City Mall premises in Mombasa on condition that it pays Sh74.4 million rent arrears.
Source: Daily Nation May 30, 2018 14:15 UTC