UDC LIMITED v FIELD NO 1980 ZLR 262 (G)
Citation | 1980 ZLR 262 (G) |
Case No | Details not supplied |
Court | General Division, Salisbury |
Judge | Beadle, AJ |
Heard | 31st July, 1980 |
Judgment | 31st July, 1980 |
Counsel | W J Millar SC, with him AP de Bourbon, for the plaintiff. |
Case Type | Argument on Special Case |
Annotations | No case annotations to date |
Flynote
Company — Section 276 (3) of Companies Act [Chapter 190] meaning of liabilities — object to enable company to re — establish itself as a solvent concern — liability would benefit both pre — and post — judicial management creditors — test is whether the time the judicial manager incurred the liability he bona fide believed it to be for company benefit.
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