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NMB BANK LTD v SELEMANI 2004 (2) ZLR 279 (H)

2004 (2) ZLR p279

Citation

2004 (2) ZLR 279 (H)

Case No

Judgment No. HH-176-04

Court

High Court, Harare

Judge

Uchena J

Heard

27 October 2004

Judgment

10 November 2004

Counsel

D Makono, for the applicant
L Uriri, for the respondent

Case Type

Civil application

Annotations

No case annotations to date

Flynote

Insolvency — sequestration — act of insolvency — what constitutes — nulla bona return — writ of execution against movable property only — respondent failing to point out other disposable assets which could satisfy debt — act of insolvency committed

Insolvency — sequestration — provisional order for sequestration — confirmation of — court's discretion — circumstances justifying court in not confirming provisional order — respondent paying off capital debt and indicating steps being taken to satisfy costs

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