PROFERT ZIMBABWE (PVT) LTD v MACDOM INVESTMENTS (PVT) LTD 2016 (1) ZLR 471 (H)
2016 (1) ZLR p471
Citation | 2016 (1) ZLR 471 (H) |
Case No | Judgment No. HB-83-16 |
Court | High Court, Bulawayo |
Judge | Makonese J |
Heard | 4 March 2016 |
Judgment | 17 March 2016 |
Counsel | AP de Bourbon SC, for the applicant |
Case Type | Opposed application |
Annotations |
Flynote
Company law – Companies Act [Chapter 24:03] – section 206 (f) – winding up of a company – inability of a company to pay its debts – where company disputes alleged inability to pay its debts – effect of such dispute on application for winding up.
Company law – Companies Act – winding up proceedings – use of winding up petition as a debt-collection method – such a petition being an abuse of court process.
This section of the article is only available for our subscribers. Please click here to subscribe to a subscription plan to view this part of the article.