Question
Pngu deals in selling jeans at mapeera plaza under the company called tumbisa co Ltd. Before the company was registered, pingu entered a sales agreement
Pngu deals in selling jeans at mapeera plaza under the company called tumbisa co Ltd. Before the company was registered, pingu entered a sales agreement with lunkuse at 10 millions ugx of the land on which the company is located. Lunkuse has however come to you two years down the road and is claiming she has never been paid till now. She is furious and is threatening to sue tumbisa company Ltd in the courts of law.
In reference to the companies act 2012, advise lunkuse on whether she will succeed with her suit against the company.
Under what circumstances can lunkuse succeed in recovering her 10million shillings.
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