Latest update April 24th, 2024 12:59 AM
Jan 27, 2010 News
High Court Judge FRANKLIN HOLDER yesterday ordered that all proceedings in the winding-up of Clico Life and General Insurance Company be stayed until the hearing and determination of a constitutional Writ filed by the Insurance Company.
As a result of the ruling, Chief Justice, Ian Chang is barred from further hearing the Petition to have Clico wounded up until the Constitutional Writ is heard by the High Court, lawyers for the insurance company said.
In the Constitutional Writ, Clico is seeking a number of declarations, including that there was the denial of a fair hearing and that the filing of the Petition was contrary to law.
Additionally, Clico believes that the Constitutional rights guaranteed under the constitution of Guyana would continue to be breached while being determined to being insolvent.
Justice Holder heard arguments by attorneys Roysdale A. Forde, for Clico, and Senior Counsel Mr. Ashton Chase represented the Attorney General, the Judicial Manager and the Bank of Guyana.
LISTEN HOW JAGDEO WILL MAKE ALL GUYANESE RICH!!!
Apr 24, 2024
Round 2 GFF Women’s League Division One Kaieteur Sports – The Guyana Police Force FC on Saturday last demolished Pakuri Jaguars FC with a 17 – 0 goal blitz at the Guyana Football...Kaieteur News – Just recently, the PPC determined that it does not have the authority to vitiate a contract which was... more
By Sir Ronald Sanders Waterfalls Magazine – On April 10, the Permanent Council of the Organization of American States... more
Freedom of speech is our core value at Kaieteur News. If the letter/e-mail you sent was not published, and you believe that its contents were not libellous, let us know, please contact us by phone or email.
Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: [email protected] / [email protected]