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Court blocks bankruptcy proceedings against BMK companies

Yako Bank Uganda Limited had asked the court to declare BMK Uganda Limited bankrupt over failure to pay sh1.5b debt.

The executors of the estate of the late Bulaimu Muwanga Kibirige have heaved a sigh of relief after the Commercial Court halted bankruptcy proceedings against BMK Uganda Limited. (New Vision/Files)
By: NewVision Reporter, Journalists @NewVision

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KAMPALA - The executors of the estate of the late Bulaimu Muwanga Kibirige have heaved a sigh of relief after the Commercial Court halted bankruptcy proceedings

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Tags:
Court
Business
Bankruptcy
BMK Uganda Limited
Bulaimu Muwanga Kibirige
Justice Cornelia Sabiiti Kakooza