Company’s dissolution revoked in ground-breaking ruling

A judgment from the High Court in Uganda delivered last week has made legal history: the judge held that, under some circumstances, a company ‘dissolved’ as part of insolvency proceedings could be brought back to life, as it were, and the official dissolution set aside, if it was in the public interest to do so. In this case, writes Carmel Rickard in her A Matter of Justice column on the Legalbrief site, Uganda’s tax authorities claimed that the ‘dissolved’ company had been at the heart of a significant tax scam, and that insolvency proceedings had been brought to frustrate attempts to extract due tax from the company.