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Judgment · jid 5372 · pdb #3490

In re Heriot African Trade Finance Fund Limited - Judgment

FSD 0087/2010; FSD 0219/2010 (AJJ) · 2011-01-04

Just‑and‑equitable winding up; loss of substratum in open‑ended mutual fund; failure to file audited financial statements under Mutual Funds Law s.8(2); non‑compliance with PPM prudential risk limits; material change requiring updated offering document; ad hoc liquidation vs statutory winding up; investor committee dynamics; related‑party allegations; appointment of KPMG as liquidators and independence analysis; indemnity costs

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11-01-04-Heriot-African-Trade-Finance-Fund-Limited-In-re.pdf
10.58 MB · md5 e6e84e5200fc71c3608a59495776a8ae
Downloaded 2026-05-20 from the new judicial.ky Participants-Database release at https://judicial.ky/n0c-storage/judgments-repository2/11-01-04-Heriot-African-Trade-Finance-Fund-Limited-In-re.pdf.
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