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Karuturi flower firm will now be liquidated after a case challenging the suitability of the liquidation managers was thrown out.
In his ruling, High Court Judge Justice Fred Ochieng noted that the appointment of Thoithi Muniu and Kuria Muchiru of PricewaterhouseCoopers (PwC) as joint receiver managers was in line with Section 734 (2) of Insolvency Act.
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