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Court: Marriage can end, but not a co-owned family business A Nairobi woman failed to convince the court to wind up a company jointly owned with her estranged husband. Gender Just now

Court: Marriage can end, but not a co-owned family business A Nairobi woman failed to convince the court to wind up a company jointly owned with her estranged husband. Gender Just now

By GhanaSummary NewsroomKenya

Joan rejected this, saying the property had been acquired by Rak Limited and belonged to the company, and that there was no documentation showing the house was being held for her husband or that her shareholding was merely nominal.

He said Rak Limited had been set up to hold a house that came to him through a family property development arrangement, and that Joan was made a shareholder only because the law at the time required a private company to have at least two.

In the end, Justice Rutto found that Joan had not given sufficient grounds for Rak Limited to be wound up, and dismissed her request to have an official receiver take over the company.

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