Stream Energy Zambia Limited v Erican Transport and Construction Limited (2023/HPC/0626)
Stream Energy Zambia Limited v Erican Transport and Construction Limited (2023/HPC/0626) [2024] ZMHC 251 (28 June 2024)
The Defendant failed to provide a complete, transparent, and current disclosure of its financial status, including assets and liabilities, and thus did not demonstrate sufficient cause to justify payment of the judgment debt by instalments. The application was dismissed for want of merit.
Source excerpt
- Judgment debt
- Payment by instalments
- Disclosure of financial status