Court Orders Winding-Up Of Pule Modisana

Monday, June 22, 2020

Pule Modisana Holdings (Pty) Ltd will finally go under the hammer after Gaborone High Court judge Mokwadi Gabanagae ordered that it is to wind up on the basis of its insolvency.

High Court placed the company under provisional winding up in 2018 following a petition by Citizen Entrepreneurial Development Agency (CEDA), which had bought a 40% stake in the company at a cost of P16,934,712.

However, in 2018 CEDA approached the High Court to place Pule Modisana Holdings (Pty) Ltd under provisional wound up.

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Court Orders Winding-Up Of Pule Modisana

Pule Modisana Holdings (Pty) Ltd will finally go under the hammer after Gaborone High Court judge Mokwadi Gabanagae ordered that it is to wind up on the basis of its insolvency.