RAG (PVT) LTD v HUIZENGA NO 1986 (2) ZLR 203 (S)
Citation | 1986 (2) ZLR 203 (S) |
Case No | Details not supplied |
Court | Supreme Court, Harare |
Judge | Beck JA, Gubbay JA & McNally JA |
Heard | 3 October 1986 |
Judgment | 23 October 1986 |
Counsel | C N Greenland for the appellant |
Case Type | Civil appeal |
Annotations | Link to case annotations |
Flynote
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).
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