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MZWIMBI & ORS v RESERVE BANK OF ZIMBABWE & ORS 2005 (2) ZLR 132 (S)

2005 (2) ZLR p132

Citation

2005 (2) ZLR 132 (S)

Case No

Judgment No. S-35-05

Court

Supreme Court, Harare

Judge

Sandura JA, Malaba JA & Gwaunza JA

Heard

7 March 2005

Judgment

5 September 2005

Counsel

S Moyo, for the appellants
E K Mushore, for the first and third respondents
E I Manikai, for the second respondent

Case Type

Civil Appeal

Annotations

No case annotations to date

Flynote

Bank — curatorship — curator — decision of — appeal against — appeal must be made to Reserve Bank

Bank — curatorship — purpose of — curator's powers to sell or dispose of bank's assets — limits to such powers — curator may not sell all assets of bank

Bank — officer of — bank placed under curatorship — officer's right to bring legal action — curator's permission required

Practice and procedure — parties — locus standi — directors and shareholders of a bank under curatorship — such persons are interested parties and have locus standi to bring an action against a curator — permission of curator required before action is commenced

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