The High Court’s Commercial Division in Lilongwe rules that the Government of Malawi and Prima Fuels Limited are entitled to recover unpaid fuel supply refunds owed by TotalEnergies Marketing Limited. According to the court decision, TotalEnergies is found to have breached a fuel supply agreement, triggering the right to claim refunds. The ruling covers a six-year period from 10 July 2013 to 11 July 2019. Both sources report the amount as K824 billion. The decision effectively grants the applicants permission to pursue recovery of the refunds for that timeframe, following the breach established by the court. The reports do not provide details on how the refund amount is calculated, what remedies TotalEnergies may seek, or whether the company has signaled plans to appeal. The court’s determination centers on the contract breach and the entitlement of the Government and Prima Fuels to the refund payments associated with the supply arrangement during the specified dates.
Malawi court rules government and Prima Fuels can recover K824bn fuel refunds from TotalEnergies
The High Court’s Commercial Division in Lilongwe rules that the Government of Malawi and Prima Fuels Limited are entitled to recover unpaid fuel supply refunds owed by TotalEnergies Marketing Limited....
- The High Court’s Commercial Division in Lilongwe issues a ruling in favour of the Government of Malawi and Prima Fuels Limited.
- The court finds TotalEnergies Marketing Limited breached a fuel supply agreement.
- The ruling allows recovery of unpaid fuel supply refunds.
- The refunds cover the period from 10 July 2013 to 11 July 2019.
- The reported amount of the refunds is K824 billion.
Malawi’s Government and Prima Fuels Limited have been given the green light by the High Court’s Commercial Division in Lilongwe to recover fuel supply refunds owed by TotalEnergies Marketing Limited, covering a six-year period from 10 July 2013 to 11 July 2019, after the court found the company had breached a fuel supply agreement. The […] The post Malawi wins right to recover K824bn from TotalEnergies: Unpaid fuel refunds appeared first on Malawi News | Breaking News, Politics, Business & Sports | Nyasa Times.
2 hours agoThe High Court’s Commercial Division in Lilongwe has ruled that Prima Fuels Limited and the Malawi Government are entitled to recover fuel supply refunds owed by TotalEnergies Marketing Limited following a breach of a fuel supply agreement. The ruling covers unpaid refunds for a six-year period from 10 July 2013 to 11 July 2019. The […]
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