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NJZ RESOURCES (HK) LTD v ZINYEMBA & ORS 2019 (2) ZLR 82 (S)

2019 (2) ZLR p82

Citation

2019 (2) ZLR 82 (S)

Case No

Judgment No. S-34-19

Court

Supreme Court, Harare

Judge

Gwaunza DCJ, Makarau JA & Bhunu JA

Heard

2 March 2018

Judgment

4 April 2019

Counsel

R Kwenda with T P Machiridza, for the appellant
A Mhaka, for the first to seventeenth respondents
No appearance for the eighteenth and nineteenth respondents

Case Type

Details not supplied

Annotations

Flynote

Company – legal personality – holding company and subsidiary – remain separate legal personae – property of holding company cannot be declared executable in order to meet obligations of subsidiary company

Practice and procedure – interpleader proceedings – purpose of proceedings – to establish who owns property seized in execution – once ownership established, other considerations as to why property should nevertheless be executable are irrelevant

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