Tanzania: IPTL Want Liquidators' Entry Dismissed

LAWYERS for Independent Power Tanzania Limited (IPTL) and two other respondents yesterday asked the Court of Appeal to dismiss with costs the application lodged by Joint Liquidators of Mechmar Corporation (Malaysia) Berhard, challenging withdrawal of IPTL's winding up proceedings.

In the application, the applicants (Mechmar Liquidators) are seeking orders of the appeals court to revise the orders given by High Court Judge John Utamwa on September 5, 2013, regarding the withdrawal of winding up proceedings involving IPTL Company.

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