Regulatory Alerts2025-01-21
Bluthorn Liquidation Order
The High Court of Botswana has ordered the liquidation of Bluthorn Fund Managers (Pty) Ltd following a petition by the Non-Bank Financial Institutions Regulatory Authority. The court directed the Master to appoint Chris Bray as Provisional Liquidator, granting him authority to continue or discontinue the company's business pending the first creditors' meeting. The order mandates immediate publication in the Government Gazette and allocates all petition costs to the winding-up process.
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