COMMERCIAL GRAIN PRODUCERS ASSOCIATION v TOBACCO SALES LTD 1982 (2) ZLR 154 (S)
Citation | 1982 (2) ZLR 154 (S) |
Case No | Details not supplied |
Court | Supreme Court, Harare |
Judge | Baron, Georges and Beck JJA |
Heard | 4th August, 1982 |
Judgment | 29th September, 1982 |
Counsel | A N B Masterson, for the appellant. |
Case Type | Details not supplied |
Annotations | No case annotations to date |
Flynote
Contract — option to purchase — not essential to pay monetary consideration for option itself — if paid can form part of whole of subsequent purchase price — company law — articles of association — clause resting right of shareholder to transfer shores — such restrictions must be made in clear language — companies Act [Chapter 190] — section 186 (c) transfer of shares void after winding — up commences unless court orders otherwise — grounds on which court's discretion to be exercised.
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