Search by party name, citation, or a phrase from the judgment and move straight to the right volume.
Access noteResults only include content available on your current tier. If you do not have full case access, results from restricted case content will not appear.
Sign in to continue browsing Zimbabwe Law Reports.
Search by party name, citation, or a phrase from the judgment and move straight to the right volume.
Access noteResults only include content available on your current tier. If you do not have full case access, results from restricted case content will not appear.
Sign in to continue browsing Zimbabwe Law Reports.
Appeal — late noting — application for condonation — different method of calculation of time in High Court and Supreme Court — may not be sufficient excuse.
Company — winding-up — grounds — unable to pay debts — commercial insolvency — just and equitable — only manner in which creditor can achieve payment of debt — director — personal responsibility for costs in unsuccessful opposition to winding-up
Costs — director of company liable de bonis propriis — unsuccessful opposition to winding-up.
Insolvency — commercial insolvency — sale of assets necessary to pay debts.
Legislation — Companies Act [Chapter 190] ss 179(f), 179(g), 243(a); Insolvency Act [Chapter 303] s 102(3); Prevention of Corruption Act 1985, Part III s 10(e).
The Supreme Court may not continue to accept as a sufficient excuse for failure to abide by the time limits for noting an appeal any confusion caused by the different methods of calculating time in the Supreme Court and the High Court Where after sale of its liquid assets a company would still be in a position of appreciable indebtedness the company is commercially insolvent. Its winding-up would be justified on the additional ground that it is just and equitable if that is the only means by which a creditor can obtain payment.
Sign in or create a free account — you get 2 full-case reads included.