POST Newspapers Limited provisional liquidator Lewis Mosho has given the newspaper’s former managing editor Fred M’membe seven days in which to furnish him with the company’s catalogue of assets as he takes control of the business.
Mr. Mosho has written to the Post Newspapers Limited owner, Fred M’membe requesting for a catalogue of assets of in liquidation within seven days from yesterday pursuant to section 281 section 1 of the Companies Act chapter 388 of the Laws of Zambia.
This is contained in separate letters addressed to Mr M’membe, Messrs Nchito and Nchito, and Messrs Palan and George Advocates and made available to media yesterday
And The provisional liquidator of the Post Newspapers Limited, Lewis Mosho of Lewis Natahan Advocates has terminated the legal services of the Nchito Brothers, Messrs Nchito and Nchito to the Newspaper.
The Liquidator has since appointed Messrs Palan and George Advocates as lawyers for the Post Newspapers Limited in liquidation.
Mr. Mosho has requested Messrs Nchito and Nchito to submit their outstanding fee notes if any as regards legal services that they have rendered this far to the Newspaper in liquidation.
He has however warned to report Messrs Nchito and Nchito to the Law Association of Zambia (LAZ) should they continue representing the Post Newspapers without his written permission.
Earlier, Messers Nchito and Nchito filed an application for a Court Order to set aside the Provisional Liquidation of the Newspaper Company.
They sought a stay of the Provisional Liquidation of the Newspaper effected by Lusaka High Court Judge Sunday Nkonde through a court order.
On Tuesday Judge Nkonde placed the Post Newspaper under provisional liquidation and appointed Lawyer Lewis Mosho of Messers Lewis Nathan and Advocates to act as provisional Liquidator in respect of all the assets and properties of the Post Newspaper.
This followed a winding up petition filed in the High Court by five former Post Newspaper employees.