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SECURITIES & EXCHANGE COMMISSION OF ZIMBABWE v GWATIDZO NO & ORS 2017 (1) ZLR 32 (S)

2017 (1) ZLR p32

Citation

2017 (1) ZLR 32 (S)

Case No

Judgment No. SC-26-17

Court

Supreme Court, Harare

Judge

Gwaunza, Hlatshwayo JJA and Mavangira AJA

Heard

4 July 2014

Judgment

14 March 2017

Counsel

D Ochieng, for the appellant
L Madhuku, for the respondents

Case Type

Civil appeal

Annotations

Flynote

Company law – Companies Act [Chapter 24:03] – section 222 (3) – company in liquidation – decision of liquidator to sell disputed shares – whether a general directive by a regulator affecting sale of shares by a liquidator requires leave of court.

Company law – Securities and Exchange Act [Chapter 24:25] – section 4 – Powers of Securities and Exchange Commission – whether the exercise of such powers in relation to companies in liquidation requires leave of court.

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