STALAP INVESTMENTS (PVT) LTD & ORS v WILLOUGHBY'S INVESTMENTS (PVT) LTD & ORS 2019 (3) ZLR 951 (H)
Citation | 2019 (3) ZLR 951 (H) |
Case No | Judgment No. HH-726-19 |
Court | High Court, Harare |
Judge | Muzofa J |
Heard | 27 July 2019 |
Judgment | 7 November 2019 |
Counsel | A B C Chinake, for the applicants |
Case Type | Opposed application |
Annotations |
Flynote
Company – meeting – general meeting – conduct of – appointment of a chairman in the absence of the substantive chairman and deputy chairman – compliance with Zimbabwe Stock Exchange Rules peremptory
Company – shareholders – minority shareholders – action to protect interest where company business conducted to their prejudice -- common law non-intervention rule – not cast in stone – when court may intervene – deadlock or where resolution or proposed resolution or act by directors is illegal or unconstitutional or in fraud of the minority
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