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Nakumatt Supermarket sunk in debts, dragged to court over failure to pay suppliers

watchdog by watchdog
8 years ago
in Business
1 0

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Nakumatt Supermarket has been dragged to Commercial Court for failure to pay goods supplied to it.

Through KSMO advocates, Hair Care Centre Uganda limited sued Nakummat seeking a recovery of shs 93.8million as  money owed to it for goods supplied and general damages for breach of contract.

The Cosmetic Company says in the year 2010 it entered into a contract with Nakumatt and in the said contract plaintiffs was to supply cosmetics and hair care products to Nakumatt local branches within Uganda.

According to the documents before Court Nakumatt Supermarket was to pay goods within 45days after delivery of the goods.

Nakumatt however without any regard to the terms of the contract, defaulted or neglected to make any payments as agreed.

Now Commercial court registrar Thaddeus Opiseni summoned Nakumatt to defend itself on the said allegations within 15 days before justices Monica Mugenyi fixes a hearing date


Do you have a story in your community or an opinion to share with us: Email us at editorial@watchdoguganda.com
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Watchdog Uganda is a portal for solution journalism, trending news plus cutting edge commentaries in the fields of politics, security, business, tourism, entertainment, technology, agriculture, climate change, environment, public health et al. We also give preference to Ugandan community news and topical discussions. The portal also publishes community news and topical discussions.

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