Vedanta application to stay KCM liquidation rejected

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By JOHN SAKALA
Lusaka High Court Judge Anessie Banda-Bobo has dismissed Vedanta Resources Holdings Limited’s application to stay the winding-up proceedings against Konkola Copper Mines (KCM) and refer parties to arbitration.

Justice Banda-Bobo has ruled that the matter is not a proper case to refer the parties to arbitration.

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